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Bacolod City, PhilippinesSaturday, February 16, 2008
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Early okay of Panay
power project sought
 

The Regional Development Council-Infrastructure Development Committee is pushing for the early approval of the Southern Panay Backbone Transmission project by the National Economic Development Authority and the National Transmission Corporation.

The P1.884-billion project, with financing by the CALYON facility, is now undergoing evaluation with the NEDA-Investment Coordinating Committee.

In a resolution, the RDC-IDC states the immediate implementation of the project will address the looming power shortage in Panay Island by increasing and upgrading transmission line facilities in the project-affected areas.

It is part of the Panay transmission backbone project under the Visayas Transmission Augmentation Project seeking to address inferior voltage quality in Southern Panay , improve systems reliability and operational flexibility of Iloilo Electric Cooperative I and the Antique Electric Cooperative franchise areas.

The project will allow the extension of power delivery services to unenergized areas.*NLG

 

 

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