The Manila Times

Business

  Home  

  About Us  

  Contact Us 

  Subscribe     Advertise  
  Archives     Feedback  

  Register  

  Help  

  Top Stories

  Metro

  Business

  Regions

  Opinion

  World

  Life & Times

  Sports

 

Monday, May 12, 2008

 

EDC plans nationwide wind power projects

 
PHILIPPINE National Oil Co.-Energy Development Corp. (EDC) plans to put up wind power projects across the country, one of the company’s directors said.

Vincent S. Perez, EDC director, said the company has set its sights on the clean energy source, and is reviewing the feasibility of such an undertaking.

EDC’s planned construction of the Northern Luzon Wind Power project in Ilocos province fell through last year when the company was still under state-owned PNOC. Lopez-led First Gen Corp. has since acquired majority interest in EDC in a state auction.

Mario Marasigan, a Department of Energy director, said that EDC’s wind projects will form part of the agency’s indicative power project.

As proposed, the project will be done in three phases: 42 megawatts for the first phase, 40 to 60 megawatts for the second phase, and 10 to 20 megawatts for the third phase.

EDC is also looking at building another 20-megawatt wind power project in Ilocos Norte.

“There is indication that EDC will continue with the wind projects under a private sector initiative,” Marasigan said.

Besides this, the company’s wind exploration group is conducting the feasibility studies of potential wind farm sites in Boracay, Aklan and Nubenta, Surigao del Sur.

EDC is the country’s largest geothermal energy producer and provider of onshore drilling services. It earlier said that it has earmarked the bulk of its capital expenses for the year for its drilling operations, which the company expects to become the major growth driver this year.
-- Euan Paulo C. Ańonuevo

  
 

Manila Times Friends

Phgifts

philflora.gif

Sponsored Links
 

Back To Top

Severino O. Frayna Jr., Benjie Dela Rosa
Powered by: 
The Manila Times Web Admin

 

Home | About Us | Contact | Subscribe | Advertise | Feedback | Archives | Help

  Copyright (c) 2001 The Manila Times | Terms of Service
The Manila Times Publishing Corp. All rights reserved.

Hosted by: