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Filinvest Utility Awards Contract for 405 MW Power Plant

Filinvest announced the awarding of contracts for its 405 MW power plant in Mindanao with groundbreaking in early November and commercial operations commencing in early 2016.

FDC Misamis Power Corporation (FDC Misamis) awarded the equipment supply contract to The First Northeast Electric Power Engineering Corporation of China Energy Engineering Group (NEPC China). It will utilize the latest in clean fuel technology adopting the circulating fluidized bed boiler technology consistent with Filinvest’s commitment towards enhanced environmental management.

FDC Misamis is a subsidiary of FDC Utilities, Inc., the utilities arm of the Filinvest Group.

“We at FDC Misamis, are committed to environmentally sound projects. We call for balanced development — we must continue to care for our environment but not to the detriment of our economic and technological advancement,” stated FDC Misamis President Jesus N. Alcordo.

FDC Misamis also awarded the construction contract for the Power Plant to NEPC Power Construction Corporation (NEPC Philippines), which is in partnership with Engineering Equipment, Inc. (EEI) who will be undertaking the civil, electrical and mechanical works.

Mr. Mario R. Pangilinan, FDC Misamis Executive Vice President, said that, “FDC Misamis will employ world-­‐class power equipment using internationally-­‐accepted standards to ensure efficient and reliable operation of the plant.”

Alstom, a global leader in the world of power generation shall supply the steam turbine and generator directly from their manufacturing facilities in Europe while the circulating fluidized bed boilers and auxiliaries shall be provided by Shanghai Electric Group Co. Ltd., a leading boiler manufacturer in China.

NEPC China has installed  a total capacity of 41,607  MW worldwide  and is a member of the China Energy Engineering Group Co. Ltd., one of the biggest conglomerates in China dealing with power generation and related infrastructure.

EEI Corporation is the Philippines’ most reliable construction company in the international market. The company has won major contracts for large-­‐scale industrial projects including petroleum refineries, power plants, and industrial installations in Saudi Arabia, Kuwait, Iraq, Algeria, Libya, Brunei, Qatar, Malaysia, and recently, New Caledonia in the Pacific.

The 405 MW power plant will be constructed within the PHIVIDEC Industrial Estate in Misamis Oriental. The plant shall be connected to the Mindanao Grid and is expected to deliver much needed power to the region by early 2016.

FDC Misamis Power Corporation awards the equipment supply contract to The First Northeast Electric Power Engineering  Corporation of China  Energy Engineering Group (NEPC  China) and the construction contract to NEPC Power Construction Corporation (NEPC Philippines). Joining the FDC Misamis  team,  President  Jesus  Alcordo  (4th   from  left),  Execom  Chairman  Jonathan  Gotianun  (6th from left), and EVP Mario Pangilinan (5th from left), are, from left to right: Alstom representative Ayon Banerjee, Dai Xianli of NEPC Philippines, Cai Ming of NEPC China, Roberto Jose Castillo of EEI Corporation, and SKM’s Graham Paynter.

FDC Misamis Power Corporation awards the equipment supply contract to The First Northeast Electric Power Engineering Corporation of China Energy Engineering Group (NEPC China) and the construction contract to NEPC Power Construction Corporation (NEPC Philippines). Joining the FDC Misamis team, President Jesus Alcordo (4th from left), Execom Chairman Jonathan Gotianun (6th
from left), and EVP Mario Pangilinan (5th from left), are, from left to right: Alstom representative Ayon Banerjee, Dai Xianli of NEPC Philippines, Cai Ming of NEPC China, Roberto Jose Castillo of EEI Corporation, and SKM’s Graham Paynter.