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DMCI Power eyes Q2 decision on P3-B Semirara-Mindoro cable
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BusinessWorld Online
DMCI POWER Corp. (DPC) said it expects a government decision by the second quarter (Q2) on its proposal to build a P3-billion submarine cable linking the islands of Semirara and Mindoro.
We don’t need to wait for the connection of Batangas and Mindoro to lower the cost of power in Mindoro.
To improve power supply on Mindoro, DPC is proposing to develop more than 2,100 MW of additional capacity using a mix of coal, wind, and solar technologies.
It has 188.3 MW of installed capacity and operates thermal, bunker, diesel, and wind power plants in Masbate, Oriental Mindoro, Palawan, and Antique.
DPC is a subsidiary of Consunji-led DMCI Holdings, Inc., which has business interests in construction, real estate, mining, power, cement, and water services.