By Antonio Colina IV
DAVAO CITY – The first unit of the GN Power Kauswagan Ltd. Co. (GNPK) in Lanao del Norte is scheduled to begin commercial operation this month, and its second unit in July after completing test commissioning, Mindanao Development Authority (MinDA) deputy executive director Romeo Montenegro said on Thursday.
Montenegro said the two units, comprising the phase 1 of the 540-megawatt coal-fired power plant, the biggest in Mindanao, have an installed capacity of 135 megawatts each.
He said the commercial operation for the two-unit phase 2 of the coal plant had been tentatively scheduled for September and November this year.
GNPower is a joint venture company between Ayala Corp.’s AC Energy Holdings, Inc. and Power Partners Ltd. Co.
On its website, the company claims that GNPK “offers the lowest price among comparable suppliers as evidenced by its contracts with 21 electric cooperatives which were won after a large-scale competitive bidding and have, likewise, obtained approvals from the Energy Regulatory Commission.”
“With GN Power expected to come online in the next few weeks for full commercial operations, then our excess for Mindanao will be roughly 800 MW. However, as we pointed out, this excess is relative, this is only good for today. Three years, four years from now, around 2022 or 2023, we’re looking at the demand for Mindanao already meeting up supply curve,” he said.
According to the Department of Energy (DOE), the combined installed capacity of the power facilities in the Mindanao grid totaled 3,738.3MW, but the dependable capacity was lower at 3,210.2 MW as of December 30, 2019.