Alsons awards $280M coal plant contract to Japanese firm

Alsons awards $280M coal plant contract to Japanese firm

Japan-based global engineering firm JGC Corp. and its local subsidiary JGC Philippines Inc. has been awarded the $280-million contract to construct the second phase of Alsons Power Group’s coal-fired power plant in Sarangani.

JGC Corp. director Hiroyuki Moyoshi, JGC Philippines president Antonio Cabrera and Alsons Consolidated Resources (ACR) Inc. president Tomas Alcanctara signed the engineering, procurement and construction (EPC) contact for the 2×105-megawatt (MW) plant under the Sarangani Energy Corp. (SEC).

The plant’s completion in April 19 is expected to generate another 105-MW of baseload power to South Cotabato, Cagayan de Oro City, and growing communities in Mindanao.

The first phase of the plant started it operations in April this year and currently services over three million residents in the Sarangani province, General Santos City, and other areas in the region.

The SEC plant costs $570 million in total, making it the single largest investment in the province and region 12.

JGC said on its website that the contract marks the firm’s full-scale expansion into energy infrastructure as part of their medium-term management plan.

Among Alsons’ other ongoing projects in Mindanao are the 15-MW Siguil hydroelectric plant and the 105-MW San Ramon Power Inc. (SRPI) coal-fired power plant.

Upon completion of all ongoing projects by 2019, Alsons and its affiliated power facilities will have a combined generating capacity of 588 MW, which accounts of 25 percent of the region’s projected peak power demand.