Isla Norte Energy Corp. (INEC), the joint venture of Vivant Energy Corp. and Gigawatt Power Inc., has installed a 20,000- liter fuel tank in Bantayan Island, Cebu to ensure reliability of power supply in the service area of the Bantayan Electric Cooperative (BANELCO).
Cris Fernandez, INEC vice president, said the project will add security and flexibility to the emergency power supply the company provides to the electric cooperative (EC) as delivery of fuel to the islands are sometimes hampered by bad weather.
INEC provides emergency power to BANELCO to address any shortage in supply from the EC’s current power provider. The company’s installed generators in the island produce three megawatts (MW), nearly half of Bantayan Island’s current total demand.
“INEC provided the additional fuel storage at no additional cost to BANELCO and its member-consumers as part of its commitment to Bantayanons in providing secure and stable power,” Fernandez said.
INEC is constructing a 23.3-MW diesel power plant that will supply the long-term total power requirement of Bantayan Island.
It has been awarded a 15-year contract to supply BANELCO following a successful competitive selection process. Its new power plant will be completed by third quarter this year. – Jed Macapagal