• SPI gets coal-fired plant running anew


    The unit two of Steag State Power Inc.’s (SPI) coal-fired power plant in Mindanao has began operation after having been offline since the latter part of July because of maintenance works.

    In a statement, SPI said that the power situation in Mindanao is expected to improve following the completion of the maintenance works for Unit 2 of its coal-fired power plant based in Villanueva, Misamis Oriental.

    Dr. Carsten Evers, SPI plant manager, said that the unit, which has a net capacity of 105 megawatts (MW), was officially synchronized to the Mindanao grid more than a week ahead of schedule.

    SPI’s power plant at the Phividec Industrial Estate in Villanueva, Misamis Oriental, has two identical electric power generating units with a combined net generating capacity of 210 MW. It accounts for about 20 percent of Mindanao’s total power supply.

    More than a month ago, SPI’s Unit 1 also underwent a scheduled maintenance shutdown beginning July 27. The maintenance works were carried out as planned and completed on August 13, some 34 hours ahead of schedule.

    “With the two units now in full operations, Mindanao’s power shortfall is expected to improve,” Evers said.

    Since the start of its commercial operations on November 15, 2006, SPI sustained a remarkable availability rate of 93 percent. About 9.8 billion kilowatt hours of electricity have been delivered so far to the Mindanao grid.

    SPI was established as a special purpose company to finance, build, operate and maintain Mindanao’s first and so far the only coal-fired power plant in the island.

    SPI is majority owned by Steag GmbH, which is one of the largest electricity producers in Germany and an active global player in energy development and services.


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