Duterte leads 405-megawatt Misamis power plant switch-on

Villanueva, Misamis Oriental – President Duterte switched-on here yesterday the biggest base load power plant and the first to be commissioned in his administration which is expected to address the recurring power crisis in Mindanao. The power plant has a combined capacity of 405 MW (3 X 135 MW) and is owned and operated by FDC Misamis Power Corporation, a subsidiary of FDC Utilities, Inc. and a member of the Filinvest Development Corporation (FDC). All three units have already been synchronized with the Mindanao Grid. Since the start of synchronization, the power plant’s commissioning power has greatly contributed to the stability of the Mindanao grid. Long-term contractual commitments have been secured for more than 85 percent of the project’s net capacity with various distribution utilities and large industrial customers covering 205 municipalities and barangays in Mindanao. “We want to help the administration by providing power at the most affordable cost [...]