President Aquino inaugurates coal fired power plant in La Paz, Iloilo City

April 1, 2011 11:41 pm 

LA PAZ, Iloilo City, April 1 – President Benigno C. Aquino III underscored the significance of having a reliable source of energy to a nation’s progress as he encouraged the locals here to explore other sources that will lure more investors and eventually uplift the economic development of the province.

In his keynote speech during the inauguration of the 2×82 megawatt coal fired power plant at the Multipurpose Hall of the Panay Energy Development Corporation, Barangay Ingore, here on Friday, President Aquino stressed the important contributions the new power plant will bring not only to Iloilo City but also to its neighboring provinces.

“Indeed, this new found security in energy will eventually spur both investments and tourism, thus, uplifting the economic stature of the localities”, the President said.

“This is both a good sign and a challenge. With this power plant in place, the next step forward is to augment the projected power requirements in the whole Visayas grid with new and appropriate energy technologies. We should also start exploring and harnessing the potential of renewable sources such as solar, wind, and hydro power, among others that are abundant in your area,” he added.

The Chief Executive said a reliable source of energy is a foundation of progress. “Lack of access to sustainable energy is a drawback to economic and social development of a country,” he added.

“Without energy, government cannot deliver the most basic of its services — clean water, health, shelter, and education. Today, as we switch on this power plant, we are also switching on our capability to empower our countrymen,” President Aquino said.

The President expressed gratitude to the Panay Energy Development Corporation (PEDC) for investing in the 20-billion peso worth coal fired power plant.

The new power plant, the President said, heralds a new era of electric generation in Panay for it will serve as a great boost to the entire Visayas grid, providing reliable, secure, and reasonably-priced electricity to the region.

For the year 2011, there are some 23 new hotels that will open shop in the Visayas region. It will offer almost 1,200 additional rooms for the visitors to choose from, just one of several new businesses opening in the country this year. Such investments were based on the premise that investors will have access to sustainable energy.

During the inaugural rites, the President was joined by Senator Franklin Drilon, Tourism Secretary Alberto Lim and local officials that include Iloilo City Mayor Jed Patrick Mabilog, Governor Arthur Defensor Sr., and Iloilo City Rep. Jerry Trenas.

The construction of the newly-inaugurated coal fired power plant began in January 2009, utilizing “clean coal” technology. It is also the first successful base-load power plant to be operated in the country.

The said power plant uses the latest circulating fluidized bed (CFB) boiler technology which ensures practically negligible levels of emissions (95% and higher efficiency in removing sulfur dioxide and practically zero nitrogen oxide) and capture of total solid particles at 99.9% efficiency.

PEDC’s power plant is in line with Global Power’s campaign for cleaner transitional technology to effectively address electric power shortfall in the Visayas and the Island’s need for power reliability, stability and reasonably priced power while renewable energy sources are being strengthened and identified. (PNA)

LAP/FFC/PCOO/ssc

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