118,459
edits
LOG IN. UPLOAD PICTURES.
The Philippines has Zambo Mart to help propagate the Chavacano Language.
Difference between revisions of "Sarangani News"
Jump to navigation
Jump to search
→ → Go back HOME to Zamboanga: the Portal to the Philippines.
→Small man’s voice leads to big leaps in community
| Line 43: | Line 43: | ||
---- | ---- | ||
<!--- DO NOT EDIT ABOVE THIS LINE ---> | <!--- DO NOT EDIT ABOVE THIS LINE ---> | ||
==Alsons to add power capacity== | |||
*Source: http://business.inquirer.net/47555/alsons-to-add-power-capacity | |||
*2:41 am | Monday, March 5th, 2012 | |||
:by Doris C. Dumlao | |||
Philippine Daily Inquirer | |||
Holding firm Alsons Consolidated Resources Inc. plans to build 600 megawatts in additional coal-fired power generating capacity in Mindanao within the next five years. | |||
In an interview on Friday at the sidelines of a mining forum, ACR chief finance officer Luis Ymson Jr. said that the first phase of the project, involving a coal-fired power plant in Maasim, Sarangani, would soon begin. | |||
Alsons still has to choose a partner with which to undertake the $280-million project. | |||
The company is considering between Japan’s Toyota Tsusho and Thailand’s Electricity Generating Pcl (EGCO), Ymson said. | |||
“If we start this year, we’ll be operational by 2014,” he said. | |||
The company hopes to seal the power deal with the strategic investor by end-April, Ymson said. ACR will get a 75-percent stake in the project while the foreign partner will acquire the remaining 25 percent. | |||
Of the $280-million power plant cost for the first phase of the Sarangani project, Ymson said 30 percent would be funded by equity and the remainder would be funded using debt. | |||
“It’s likely that whoever will be our partner in Sarangani will be our partner in the succeeding projects,” Ymson said. | |||
ACR is also building a 100-MW coal-fired power plant in Zamboanga, which will replace an existing 100-MW diesel plant. The old plant will be kept as backup to cover any spike in demand during peak hours, Ymson said. | |||
After putting up the combined 300 MW in additional capacity in Sarangani and Zamboanga City, Ymson said the group’s capacity would be doubled with the planned 300-MW coal-fired power plant to be put up near the Tampakan mining site in South Cotabato. | |||
ACR has a 19-percent interest in Australian mining firm Indophil Resources NL which, in turn, owns 37.8 percent of Tampakan operator Sagittarius Mines. | |||
It takes about three years to build a new power plant from scratch, Ymson explained. | |||
Apart from the 100-MW diesel-plant in Zamboanga, ACR has another 55 MW diesel-fired plant in General Santos. It is also buying back a 100-MW power plant foreclosed by the local government of Iligan City from the National Power Corp. | |||
ACR is also developing renewable energy projects, but Ymson said the company’s immediate priorities were the coal-fired power plants. | |||
Currently under development are the Siguil 17-MW hydropower project, also in Maasim, and another 40 MW plant in Negros Oriental. | |||
==Small man’s voice leads to big leaps in community== | ==Small man’s voice leads to big leaps in community== | ||
*Source: http://www.sunstar.com.ph/cebu/local-news/2012/03/04/small-man-s-voice-leads-big-leaps-community-209390 | *Source: http://www.sunstar.com.ph/cebu/local-news/2012/03/04/small-man-s-voice-leads-big-leaps-community-209390 | ||
| Line 128: | Line 160: | ||
(Fr. Angelo “Angel” R. Buenavides is one of five finalists for the Ramon Aboitiz Award for Exemplary Individual. The 5th RAFI Triennial Awards will be handed out on March 22, 2012.) | (Fr. Angelo “Angel” R. Buenavides is one of five finalists for the Ramon Aboitiz Award for Exemplary Individual. The 5th RAFI Triennial Awards will be handed out on March 22, 2012.) | ||
==Village opts for school building as priority project== | ==Village opts for school building as priority project== | ||