Monday, May 2, 2011

AboitizPower set to put up 300-MW plant in Mindanao- abs-cbnnews.com

By Paul Anthony Isla, Business Mirror

MANILA, Philippines - Listed AboitizPower Corp. said on Friday it is prepared to invest in the future of Mindanao as it looks into putting up a 300-megawatt (MW) circulating fluidized-bed coal-fired power plant in southern Davao.

AboitizPower said the project will be undertaken by subsidiary Therma South Inc. which is part of its commitment to supply the region’s power needs as its communities, industries, investments and commercial establishments grow—especially in Davao, which has the biggest power supply need in the region.

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