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DOWNLOAD LATESTMarch 21, 2017
Offgrid energy player DMCI Power Corporation (DPC) posted doubledigit sales growth in 2016, with volume reaching 240GWh from 212GWh the previous year. Higher power demand and dispatch across all cooperatives accounted for the 14 percent improvement.
Palawan registered the highest sales growth at 17 percent, rising to 91.27GWh from 78GWh. The upturn was due to the increased economic activity in the province and the installation of a satellite plant in Brooke’s Point.
Power sales to Oriental Mindoro Electric Cooperative (ORMECO) grew 11 percent from 46.24 GWh to 51.76GWh, due mainly to the full year operations of DPC’s 15MW bunkerfired diesel power plant in Calapan City.
Dispatch to Masbate Electric Cooperative (MASELCO) advanced 11 percent from 85.81GWh to 94.91GWh, following a 5 percent uptick in the cooperative’s line connections.
“We are pleased to serve the growing electricity demand in our service areas. With our continued partnership with local cooperatives, we can deliver reliable electricity to even more offgrid communities,” said DPC President Nestor D. Dadivas.
DMCI Power Corporation has longterm power supply agreements with Palawan Electric Cooperative (PALECO), ORMECO and MASELCO. It is one of the biggest offgrid power producers in the Philippines.
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