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Saturday, November 23, 2024

Ingrid plans to build P566M power line

Ingrid Power Holdings Inc., a unit of AC Energy Inc., is seeking an approval from the Energy Regulatory Commission to develop P566-million worth of dedicated point-to-point limited facilities to connect its 300-megawatt diesel power plant in Rizal province to the 230-kilovolt Malaya substation of National Grid Corp. of the Philippines.

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IPHI asked ERC to grant a provisional authority or interim relief to develop and operate the connection facility so it could start construction and timely achieve commercial operations of the diesel plant.

“For IPHI to immediately perform ancillary service…connecting the diesel plant to the NGCP Malaya substation is an indispensable prerequisite,” the company said.

It said the construction of the facility, seen to provide ancillary services to NGCP amid the influx of renewable energy sources in the Luzon grid, would take about eight months and would be done in phases.

IPHI said the ancillary service procurement agreement with NGCP would only be executed once the power plant passed the certification test, thus the timely approval of the application would be crucial.

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