ERC awards compliance certificate to Ormin Power
MANILA, Philippines - The Energy Regulatory Commission (ERC) has recently awarded the Certificate of Compliance (COC) to Ormin Power Inc. (OPI), giving it the go signal to commence the commercial operations of its four unit bunker c fired diesel power plant facility that is supported by a 100-kw black start diesel generating set.
ERC said the newly constructed generating facility has an aggregate capacity of 6.464 MW (4 X 1.616 MW) and is located at the Ormeco Compound, Brgy. Sta. Isabel, Calapan City, Oriental Mindoro.
OPI entered into a power supply agreement (PSA) with Oriental Mindoro Electric Cooperative, Inc. (Ormeco) on Sept. 9, 2010 where OPI agreed to construct, operate, and maintain the needed power generation plant on a build-operate-own basis and to supply Ormeco with electricity.
Ormeco, for its part, agreed to buy such electricity up to the plant’s production capacity.
The cooperation period covers 15 years starting at the onset of commercial operation.
The supply of power to Ormeco’s power station shall be more or less 3,800,000 kwh of energy per month or a maximum of 8 MW power.
The said PSA was granted provisional approval by the ERC on April 2011.
Also, OPI and ORMECO executed a subsidy agreement with the National Power Corp. (Napocor).
The agreement provides payment of subsidies to qualified New Private Providers (NPP) of power servicing NPC-SPUG (Small Power Utility Grid) areas performing Napocor’s Missionary Electrification (ME) function.
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