MisOr lawmaker airs support for FDC Misamis power plant-A A +A
Monday, January 6, 2014
REPRESENTATIVE Juliette Uy on Sunday threw her full support to the construction of a P30-billion power plant in Villanueva, Misamis Oriental, saying the medium and long-term economic viability and social benefits of the project shall help the province, Northern Mindanao and the whole of Mindanao.
“The 405-megawatt (MW) power plant of FDC Misamis Power Corporation (FDC Misamis) is a major investment project that has the endorsement of both the local and national governments since it will help address the shortfall of power in Mindanao and meet the increasing demand for energy in Region 10. More investments and business development for the province will flow once the power plant commences construction and more so when it goes online,” Uy said.
The FDC Misamis is a subsidiary of FDC Utilities Inc., the utilities and infrastructure arm of the Filinvest Development Corporation (FDC) of the Gotianun group.
“In keeping with the need for continued development and strict environmental protection standards, we are informed that the power plant to be put up by FDC Misamis will use circulating fluidized bed boiler technology, the latest in clean coal technology known. This also helped me and local officials to decide on endorsing the project in an 84.4-hectare area within the Phividec Industrial Estate in the barangays of Balacanas, Tambobong and San Martin of Villanueva, Misamis Oriental,” Uy said.
According to FDC Misamis, the said technology removes more than 95 percent of sulphur emissions and creates negligible nitrogen oxide levels while generating useful by-products such as calcium sulphate that is useful for cement production.
“This energy project will also help diversify the energy mix in Mindanao and hopefully ensure the supply of reliable and cheap electricity for Misamis Oriental and the rest of the region,” Uy said.
The Misamis Oriental legislator, also a member of the House Committee on Energy, added that the power plant will spur more economic opportunities for the localities when it goes into commercial operations.
“We share the optimism of local officials and the investors that the FDC Misamis project will help further local economic development with more jobs and economic opportunities for the entire district and province,” Uy said.
FDC Misamis shall build three units of the power plant that are expected to start commercial operations in 2016.
Published in the Sun.Star Cagayan de Oro newspaper on January 07, 2014.