Global Business Power Corp. eyeing Visayas expansion


Global Business Power Corp. is looking to expand its energy portfolio in Visayas by adding in hydro and biomass power plants with around 100 megawatts of capacity.

The biomass plant will be located in Negros, Global Business Power executive vice president Jaime Azurin told The Standard.

He added that the company is looking at the possible expansion of a coal facility in Negros and Iloilo, but these would depend on social acceptability and transmission line availability.

“We have the available land here to put up additional capacity if and when it is needed,” he said.

The company will still determine whether it would build a greenfield or a new coal power plant or to expand the Iloilo facility.

“This is something that we have to weigh,” Azurin said.

On Tuesday, GBP subsidiary Panay Energy inaugurated its 150 MW expansion project in Barangay Ingore, La Paz, Iloilo City.

“By providing adequate power supply, we are fueling the growth of industries and the availability of jobs in Panay, thereby providing a viable alternative to the already congested Metro Manila,” Global Business chairman Jose Maria Lim said.