A subsidiary of listed Alsons Consolidated Resources Inc. has shortlisted two two Chinese companies for the engineering, procurement and construction of its planned 105-megawatt (MW) coal-fired power plant in Zamboanga City.
In a statement, San Ramon Power Inc. (SRPI) identified the two as Northeast No.1 Electric Power Construction Co. Ltd. (NEPC), a wholly owned subsidiary of the China Energy Engineering Group; and Shandong Electric Power Construction Co. (SEPCO 3), a unit of the Power Construction Corp. of China.
“The two firms edged out three other multinational engineering and construction companies that [offered bids] for the SRPI power plant contract,” the company said.
SRPI plans to develop the plant in Talisayan town, Zamboanga City that is expected supply nonstop electricity to the city and adjacent areas, and stabilize supply in the Zamboanga peninsula once it is operational.
Preliminary engineering and design work is expected to begin in the fourth quarter of 2019, while commercial operations are set to begin in 2023.
Earlier, SRPI project manager Archimedes Donato expressed satisfaction over the bids received from “five reputable firms with extensive international experience.”
“The people of Zamboanga City and nearby areas can look forward to a state-of-the-art baseload power plant right here in the city to provide safe, reliable and affordable electricity,” Donato said then.
For his part, Alsons Vice President for Project Development Joseph Nocos emphasized the company’s commitment to complete the coal facility.
“These bid submissions are a testimony to the keen interest the SRPI project has generated and are a vote of confidence to the future of Zamboanga City,” Nocos said.
Alsons currently operates four bunker diesel and coal facilities in Mindanao with a total generating capacity of 363 MW, serving key cities including Cagayan de Oro, Iligan and General Santos.