Clark Development Corporation to initiate P2.4-B power project
Thursday, September 15, 2011
CLARK FREEPORT — The Clark Development Corporation (CDC) has set the construction of the P2.4 billion Phase III-B project of the Mexico-Clark dual transmission lines.
The project is expected to improve the power generation inside the Freeport, according to Lawyer Felipe Antonio Remollo, CDC president and chief executive officer.
The entire freeport is currently enjoying a steady and reliable power supply following the completion of the transmission projects.
These include the Phase I-A and IB 69 kilo volt (KV) line and load-end sub-station for Texas Instruments; Phase II of the Clark-Concepcion dual 230KV Grid sub-station; and the Phase III-A or the New Clark Grid sub-station and load-end sub-station for Phoenix Semiconductor of the Philippines Corporation (PSPC).
In his report to Remollo, CDC Assistant Vice President for Security and Technical Services Teresito Tuitoyco said the construction of the Phase III-B transmission grid is expected to commence in December this year is and expected to be operate in December 2012.
The Phase III project has a total cost of P3 billion. It includes the new Clark Grid Sub-Station (Phase 3-A), amounting to close to P600 million.
The Phase III-A project is part of the power requirement of the new semiconductor plant.
Remollo said the Mexico-Clark transmission grid project will address the increasing power demand in Clark and ensure the quality and competitiveness of electricity inside the Freeport.
There are now more than 600 firms inside Clark.
Tuitoyco said the completion of the dual 230KV lines will be upgraded to supply firms and industrial estates more reliable power.
The old dual 69KV lines, which have already served its economic life, can be retired and sold to the local electric distribution utilities.
The other transmission line is being used by both Pampanga Electric Company 1 and 2.
Clark can become another important assembly and test destination for electronics and other manufacturing firms, Remollo said.
The Phase I-A, implemented by Transmission Electric Corporation or Transco, and I-B (implemented by CDC) with dual 230KV Lines and load end of Sub Station for Texas Instrument have been completed in July 2008.
The government spends more than P770 million for the project, Tuitoyco said.
Phase II is the Clark-Concepcion Grid Sub-Station, which cost more than P573 million, was completed in September 2009. All the transmission projects were funded by the Department of Budget and Management.
With the completion of Phase III, the transmission loop from Concepcion-Clark-Mexico will be completed and the energy requirement of the entire
Freeport will be stable and competitive, Tuitoyco added.
The power interruption and fluctuation will be minimized substantially once the transmission grid is completed next year, the CDC official said.
The CDC is currently facilitating meetings with appropriate agencies on the discounted power rate issues on two semiconductor firms inside the zone. Reynaldo G. Navales)
Published in the Sun.Star Pampanga newspaper on September 15, 2011.
Source: http://www.sunstar.com.ph/pampanga/local-news/2011/09/15/clark-development-corporation-initiate-p24-b-power-project-179393
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