The Board of Investments (BOI) recently approved for fiscal incentives the projects of San Miguel Consolidated Power Corp. (SMCPC) and SMC Consolidated Power Corp. as new operators of 300 megawatts (MW) each of coal-fired power plants located in Davao del Sur and Bataan, respectively.
SMCPC is constructing the P25.84-billion Coal-Fired Power Project at Barangay Culaman, Malita, Davao del Sur. Commercial operation is expected to start by December 2015. The project is expected to employ 214 personnel.
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