Davao Light to invest P1B yearly for system upgrade

Davao Light and Power Co. (DLPC), a part of Aboitiz Power Corp.’s (AboitizPower) distribution group, is investing about P1 billion annually in the next 10 years for system refurbishment and expansion in its franchise areas within the Davao Region.

“We need to refurbish our equipment and set up new ones like substations to be able to serve our customers the best way we can,” Rodger S. Velasco, DLPC executive vice-president, said in an interview.

The company’s franchise area has been growing between 6% and 7%, according to Mr. Velasco, and DLPC needs to keep up with infrastructure buildup as well as ensuring steady supply sources.

DLPC’s franchise area covers Davao City, and the neighboring towns of Sto. Tomas, Dujali, Carmen and Panabo City in Davao del Norte province. It has a total daily demand of about 410 megawatts (MW) and a current capacity of about 450 MW, excluding the 40-megawatt diesel standby plant.

Read more here.

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