Saturday, May 06, 2006

Transco to finance Clark power line

By Rendy Isip - Manila Standard Today

CLARK FIELD, Pampanga—A new power project is in the offing at Clark Special Economic Zone after the National Transmission Corp. agreed to finance the P340-million power line that will provide a steady supply of electricity to the former US facility.

Clark Development Corp. president Antonio Ng said the project is expected to be completed by December 2007 and the 230 kv line will add more power to the economic zone, bringing capacity to 135 mw.

From the present actual usage of 32 mw, CDC officials said the extra capacity will address future power needs of new locators, like Clark Techno Park, Fort Stotsenberg Hotel, Raffles Hotels, Paradise Island and Clark Hostel, including the operations of the Diosdado Macapagal International Airport.

Clark has a new alternate power grid installed by Transco to provide reliable power generation inside the ecozone. The alternate 69 kv line was installed for a more regular and continuous supply of electric power in Clark.

The CDC’s Buildings and Utilities Regulatory Department said the 69 kv line 1 and 2 will significantly lessen power interruptions inside the economic zone and ensure that the power rates in the facility remain the lowest in Central Luzon and other economic zones in the country.

Ng said the lone 69 kv line in Clark is more than 40 years old and the new one is expected to provide efficient and uninterrupted power supply in Clark. The project will not cost anything to CDC because it will be a joint undertaking of Transco and Clark Electric Development Corp.

Ng said the CDC is committed not only to lower power cost in Clark but improve its quality and reliability as investors continue to eye CSEZ as an investment haven in the Asia Pacific.

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