News Flash

August 28, 2015, Friday
  • Some INC members blocked the convoy of Justice Sec. Leila de Lima as she was leaving the DOJ before 5 pm Thursday. 10 hours ago |
  • Expelled INC minister Samson’s camp says INC’s rally wants to force gov’t to favor INC leaders facing illegal detention & other charges. 10 hours ago |
  • Padre Faura Street in Manila rendered impassable by INC members holding protest at DOJ. 10 hours ago |
  • Police exercise maximum tolerance as hundreds of INC members hold protest in front of DOJ. 10 hours ago |
  • Some INC members accuse DOJ Sec. Leila de Lima of meddling in INC’s internal affairs. 10 hours ago |
  • Hundreds of Iglesia ni Cristo members hold protest in front of Department of Justice along Padre Faura St. in Manila. 10 hours ago |
  • Kabataan Party-list Rep. Terry Ridon warns a cut in the capital outlays of state universities & colleges could result in tuition hikes. 17 hours ago |
  • House approves on third reading the LPG Industry Regulation and Safety Act. 17 hours ago |
  • Finance Sec. Cesar Purisima and Customs Chief Bert Lina invited to attend the Senate probe on balikbayan boxes next week. 17 hours ago |
  • Senate probe on BOC’s random inspection of balikbayan boxes to begin next week. 17 hours ago |
  • Migrante International calls on OFWs to support ‘no remittance day’ on Friday. 17 hours ago |
  • Pres. Aquno expected to visit and greet Justice Sec. De Lima at DOJ on her 56th birthday. 17 hours ago |
  • Taft Avenue & Padre Faura St. in Manila temporarily closed on Wednesday a.m. due to a protest rally staged by group ‘Bayan’ in front of DOJ. 17 hours ago |
  • Some U.P. Diliman students staged a walkout from their classrooms to protest tuition hikes in state colleges and universities. 18 hours ago |
  • Henry Sy is still number one in Forbes’ list of richest Filipinos. 18 hours ago |
  • Sen. Drilon says the Senate sub-committee’s probe on allegations vs. Binays is delayed by Gerry Limlingan & Ebeng Baloloy’s absence. 18 hours ago |
  • DPWH Sec. Rogelio Singson says sorry for the heavy traffic and frequent floods in Metro Manila. 18 hours ago |
  • DPWH Sec. Singson says it is not easy to implement the comprehensive flood control project in Metro Manila. 18 hours ago |
  • Pres. Aquino emphasizes the need for a comprehensive flood management plan. 18 hours ago |
  • Pres. Aquino cites the presence of too many new cars and new motorcycles on the road as factors that aggravate the heavy traffic situation. 18 hours ago |
  • Light to moderate rains expected in some areas in Northern and Central Luzon. 18 hours ago |
  • PAGASA says the release of water by 3 dams in Luzon won’t result in floods as no heavy rains are expected on Wednesday. 19 hours ago |
  • Binga and Ambuklao dams in Benguet and San Roque dam in Pangasinan release water. 19 hours ago |
  • Justice Sec. Leila de Lima says she won’t react to issues on Wednesday as she celebrates her 56th birthday. 19 hours ago |
  • NEDA says the Philippine economy grew by 5.6% during the second quarter of 2015. 19 hours ago |
  • Makati Rep. Binay says Sen. Antonio Trillanes should use his 55 consultants to help him get his facts right. 19 hours ago |
  • Makati Rep. Abigail Binay dares the Senate Blue Ribbon sub-committee to invite her to its hearings. 19 hours ago |
  • Sen. Drilon defends the Senate Blue Ribbon sub-committee’s continuous probe on alleged anomalies linked to Binays. 19 hours ago |
  • Manila Mayor Joseph Estrada offers flowers at Quirino Grandstand for 8 HK tourists who were killed in a bungled hostage crisis 5 years ago. 19 hours ago |
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Bigger Panay coal power plant likely

By MST News | Feb. 04, 2013 at 12:01am
Global Business Power Corp., through unit Panay Energy Development Corp., aims to finalize a plan to build a 150-megawatt coal-fired power plant in Panay within the first quarter of the year.

“We should be finished within the first quarter. By March, we should have a good idea where to go on this. We have been going on a roadshow with our cooperatives who are respective clients for 2016 onward,” Global Business president Art Aguilar told reporters.

Panay Energy in October signed an agreement with Formosa Heavy Industries to study and finalize the reconfiguration of two 82-MW coal-fired plants into a single larger power facility.

The first 82-MW coal plant in Panay was scheduled for completion in late 2014. Global Business, however, noted an increased economic activity in the island that might required the construction of a single larger plant with a capacity of 150 MW.

Aguilar said Global Business was still “firming up” plans for the 150-MW capacity plant, including the construction cost. He said the bigger plant might cost around $2 million to $2.5 million per MW to build.

Global Business earlier said a single larger plant could reduce Panay Energy’s generation charges to existing customers on a per kilowatt-hour basis.

It said the cost benefits of a larger plant was in addition to the substantial savings arising from the common facilities, like a jetty coal yard and water treatment, provided by a similar station completed in 2011.

“Since Global Power acquired the 72-MW diesel plant from the Lopez Group in 2003, we have been steady with our

commitment to provide adequate, reliable and cost efficient power supply to Panay,”  Francisco Sebastian, Global Power chairman, said earlier.
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