GLOBAL Business Power Corp. (GBPC), the power generation arm of GT Capital Holdings Inc., is rushing the development of its planned 40-megawatt (MW) biomass plant in Negros Occidental in order to qualify for the government’s feed-in tariff (FIT) incentive by 2017.

GBPC chief finance officer and executive vice president Jaime Azurin said: “We’re sure that we will be one of the first to be able to touch the biomass 250 MW FIT allocation by September of 2017.”

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details