MANILA, Philippines - Aboitiz Power Corp. said its 300-MW Therma South Energy project is on track to start its commercial operations by the first half of 2015, which will give a boost to Mindanao's power supply.
Therma South president and COO Benjamin A. Cariaso Jr. said the power plant project is 88 percent complete as of June 2014.
"We are looking forward to our testing and commissioning phase this year," he said.
More than 20 electric cooperatives and distribution utilities from Zamboanga peninsula to CARAGA, Cotabato, Saranggani, Bukidnon and Davao region have contracts with Therma South.
Key cities like Davao, Cagayan de Oro, Butuan, Tagum, Kidapawan, General Santos and Cotabato will also be receiving much needed power supply once Therma South starts operations.
"With the completion of our project, we will be able to supply reliable baseload power to most of Mindanao and alleviate the effects of the power shortage in the island," he said.
Therma South has already gotten the support of Davao City and neighboring Sta. Cruz, Davao City to expand its plant capacity from 300 to 645 MW.
Therma South will expand the plant in 2017 and 2018, when demand for power in Mindanao will be expected to exceed supply once again.
The baseload power plant project can operate almost 24/7 and is not dependent on weather conditions, which is important since Mindanao's power supply is heavily dependent on hydro power.
During the summer months, Mindanao's power supply is limited due to the low water levels in Agus and Pulangi hydro power plants.