ERC OKs Agus 2 switchyard project in Mindanao
MANILA, Philippines – The National Grid Corporation of the Philippines (NGCP) secured the approval of the Energy Regulatory Commission (ERC) for the Agus 2 switchyard upgrading project in Mindanao.
In a 10-page order, the ERC approved the NGCP's application for project, which costs P569,188,814.40 (P12.03 million).
“The application filed by the NGCP for approval of the Agus 2 Switchyard Upgrading Project with prayer for the issuance of a provisional authority, is hereby approved,” the ERC said.
The contract for the proposed projects will be assigned to qualified suppliers and contractors following a competitive bidding and selection process.
The funding will be sourced from NGCP’s internal cash generated fund.
The upgrading project has two phases. The first phase consists of the renovation and expansion of the existing control building, and replacement of obsolete secondary devices and equipment. The second phase involves civil, mechanical, and electrical works.
Hydroelectric power is the main source of electricity in the Mindanao grid, which is supplied largely by the Agus 1 and 2 hydroelectric power plants (HEPPs).
The HEPPs have a total installed capacity of 260 megawatts (MW). Any outage from any HEPP or the switchyard itself is very critical to the stability of the power supply in Mindanao.
“The present condition of the swtichyard, considering the age of the equipment therein, already manifests deterioration,” the NGCP said. – Rappler.com
$1 = P47.32
Switchyard image from Shutterstock