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Thursday, April 24, 2014

AboitizPower extends operations of 2 power barges in Mindanao

Aboitiz Power Corp has extended the operations of its power barges in Mindanao, which continues to suffer from a shortage.

In a statement, AboitizPower said subsidiary Therma Marine Inc (TMI) reported that its power barges have been running close to 24 hours on a daily basis.

"We are ensuring our customers we have enough fuel supply to meet the power supply requirements of our customers especially this summer," Therma Marine president and chief operating officer Jovy P. Batiquin said. "We want to be able to respond to our customers when they are in need of additional power supply."

Some 22 electric cooperatives and distribution utilities have power supply contracts with the AboitizPower subsidiary and have called on Therma Marine to fill in the supply gap created by a combination of power plant repairs and precarious water levels in Lake Lanao because of the summer heat.

Although the extended running hours will pull closer the scheduled maintenance schedule of the barges, Batiquin assured customers that the preventive maintenance work will not be scheduled until the Steag State Power coal plant, which is under repair, comes online as announced next month.

Therma Marine's maintenance schedule is based on its operating hours and is a critical activity to prevent the power plant from more damaging unscheduled interruptions.

Therma Marine operates two floating power barges in Maco, Compostela Valley and in Nasipit, Agusan del Norte. The two barges have a combined 200 megawatts.

Used as peaking plants, Therma Marine's barges have been operating lately as more of baseload plants to mitigate Mindanao's power shortage.

- Interaksyon

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