THE National Grid Corporation of the Philippines (NGCP) is seeking the approval of Energy Regulatory Commission (ERC) on the Eastern Panay transmission project that will upgrade the Panay transmission backbone.
The project is in addition to the on-going transmission line construction at the Southern and Western parts of Panay Island.
Based on NGCP’s application with the ERC, the proposed transmission corridor “is essential to ensure a stable power grid network and power supply in the island, especially in Iloilo City”.
“With the demand in the Panay Island continuously increasing, the capacities of the existing transmission lines and substations will no longer be adequate in a few years,” NGCP said.
The Eastern Panay transmission project will have two substation components and two transmission line components. The substation components include a new substation in Concepcion, Iloilo and the expansion of the Barotac Viejo Substation.
The project has an estimated cost of P1.6 billion and is expected to be completed 34 months after approval.
The project will mainly accommodate the incoming coal-fired power plant of Palm Concepcion Power Corp. with a total capacity of 270 megawatts (MW). The said plant’s first unit will be online this year, while the second unit is scheduled to be completed by 2016.
“We are focusing our projects in Panay because we foresee a big increase in electricity demand in this area in the near future,” said Henry Sy, Jr., NGCP president and chief executive officer, in a statement. “The Panay sub-grid must be reliable enough to accommodate larger capacities which we can also export to the rest of Visayas via our submarine cables.”