DMCI Power Corp. (DPC) booked a 19-percent increase in sales volume for the first half of the year, hitting 169.50 gigawatt hours (GWh) from last year’s 142.91 GWh due to the upsurge in power demand and the improvement of distribution and transmission line systems in key operating areas.
The company said power sales in Palawan accounted for 43 percent of the total, followed by Masbate and Oriental Mindoro at 35 percent and 22 percent, respectively.
“The significant sales growth in Palawan is attributable to the increase in DPC’s level of dispatch following the expiration of Delta-P’s old power supply contract in April. Our Palawan power plants became the second priority in terms of energy dispatch so we were able to maximize our contractual capacity in the area,” said Nestor Dadivas, DPC president.
Dadivas added the continuous rehabilitation of the 69kv transmission lines in Oriental Mindoro and the ongoing improvement of distribution lines in Masbate also accounted for the double-digit sales growth in both provinces.
DPC also experienced a 10 percent year-on-year growth in its net income, reaching P234 million for the period against the previous P213 million.
DPC operates and maintains bunker-fired power plants and diesel generating sets in parts of Masbate, Oriental Mindoro, Palawan and Sultan Kudarat.