Oriental Energy & Power Generation Co (OEPGC) president, Caroline Tanchay, said that they are planning to construct a P2.5 Billion hydro electric power plant in Panay Island to address the electricity problem of Aklan province. OEPGC is a subsidiary of publicly listed mining firm Oriental Peninsula Resources Group
70% of the electricity supplied to Panay comes from barges that have diesel power plants in them. Philippine Department of Energy data shows that Panay Island needs 189 MW of power, with its current capacity only producing 127.3 MW. The DOE also estimates that the island would need at least 30 MW of additional power in order to meet the islands future demand.
OEPGC’s planned hydro-electric power project will generate 18 MW and would have first dibs in supplying energy to the grid once constructed.
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Category: Hydro, Clean Energy
