Alsons Consolidated Resources Inc. is bidding out contracts for 15-megawatt (MW) Siguil hydropower plant in Mindanao.
Alsons Executive Vice President Tirso Santillan Jr. told reporters the company is scouting for civil works, electromechanical, and transmission contractors for the project along the Siguil River in Maasim, Sarangani.
“They can bid whatever they want and we need them simultaneously,” Santillan emphasized.
“It’s approximately a 30-month construction, but we still need to get their actual offers,” he added.
The Department of Energy (DOE) has awarded Alsons the contract to build the 8.7MW Siguil 1, the 3.2MW Siguil 2, and the 4.8MW Siguil 3 hydropower projects in Maasim.
A feasibility study showed the project could generate at least 15 to 16MW.
Santillian said that hydropower project is the first of several renewable energy (RE) developments for the company.
“We are doing it slowly, we want to build one first. But there is time pressure because if you will not do it, somebody else will. We want to delay it a little bit, but not too much.”