GENERAL SANTOS CITY (15 August 2013) - Officials from the local government of Gen. Santos City, along with executives of South Cotabato II Electric Cooperative (SOCOTECO II), formally kicked off the ground breaking ceremony and time capsule laying for the 20.9 Megawatt (MW) Power Plant for this city Wednesday (August 14)..
According to SOCOTECO II general manager Engr. Rodolfo Ocat, “the move is aimed towards creating a stable supply of energy in the city.”
Gen. Santos City has been part of the areas hit by severe power outages with the lack of supply of energy in the island of Mindanao.
Ocat also added that the 20.9 MW bunker-fired (diesel) power plant is a B.O.T. (Build-Operate-Transfer) project.
This means that after 15 years of operation, the power plant will be formally turned over to SOCOTECO II by A. Brown Company, Inc. (ABCI) through its subsidiary Peakpower Energy Inc.
Ocat also added that after the plant’s turn over to SOCOTECO II, power rates are expected to be reduced after cost recovery charge is taken out from the consumer’s monthly billing.
City Mayor Ronnel Rivera, in a speech delivered by City Councilor Rosalita Nunez, reiterated his message for the need of “adequate supply of energy in the city,” considering that GenSan is a major economic hub in the region.
The city mayor also lauded SOCOTECO II executives for a job well done.
For her part, Nunez also said that,“we need more power supply because many investors are interested to come in here in the city.”
The power plant project’s simple capsule-laying and groundbreaking ceremony was held at SOCOTECO II’s compound in Barangay Apopong.
SOCOTECO II board president Elenito Senit also thanked the city government which, according to him, is now “very much supportive to SOCOTECO II’s plans and projects.” (GENSAN INFO OFFICE/Ping Aponesto-CPIO)
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