Off-grid energy player DMCI Power Corp. said Tuesday it spent P745 million to install an additional 11 megawatts of generation capacity in Masbate, boosting its total installed capacity in the province by 21 percent.
“One plant is already operational, while the other is set to run within the month. These investments are in line with our commitment to provide adequate, reliable and dependable power supply in missionary areas,” said DPC president Antonino Gatdula Jr.
Energy sales in Masbate increased 11 percent from 100 gigawatt-hours to 111 GWh on robust demand in the nine months ending September.
DPC deployed and operated a 3-MW diesel plant in Pio V. Corpuz on Nov. 4. Final testing and commissioning of an 8-MW diesel power plant in Cataingan is underway. The plant is targeted to go online by mid-December.
DPC now has a consolidated installed capacity of 148 MW across Masbate, Palawan and Oriental Mindoro. Its energy portfolio includes diesel, bunker and thermal.