March 23, 2016 - P900M bulk water contract inked
Officials of Bacolod City Water District and the consortium Mactan Rock Industries, Inc., TGV Builders Inc. and Tubig Pilipinas Group, Inc. signed a 25-year contract for the implementation of the approximately P900 million worth of bulk water supply project for Bacolod City last night.
The signing held at the Baciwa Board room at about 8 p.m. yesterday in time with the observance of World Water Day, was witnessed by Baciwa chairman Ma. Aida Torre, Director David Villanueva, Assistant General Manager for Operations Genelyn Gemora, Baciwa Union president Claudio Salmo and Bacolod Mayor Monico Puentevella.
The 25-year contract was signed by Baciwa general manager Mario Macatangay together with other principal signatories, Simplicio Belisario and his son, Conrado Belisario, president and corporate secretary of TGV Builder, respectively; Antonio Carmelo Tompar of Mactan Rock Industries and Ryan Wesley Yapkianwee of Tubig Pilipinas.
Torre said that after the signing of the contract they will issue the consortium a notice to proceed so they can start the project already.
She said the three companies will form a joint venture under a new name Bacolod Bulk Water, Inc. After they signed the deed of undertaking last month, the three companies have committed to come up with the registration of the joint venture company within three months or even sooner, and this incorporation is stipulated in their contract with Baciwa, she said.
Torre said they expect day one of the delivery after 18 months following the issuance of the notice to proceed, which they expect to issue as soon as possible.
She said they know that water supply in Bacolod is inadequate but they are looking forward to the start of the bulk water supply project and given a little time, they will be able to address the problem.
Tompar of Mactan Rock Industries said they have 18 months to deliver water supply and they have already made representation with the National Water Resources Board insofar as their water rights permit is concerned.
Tompar said they are the first bulk water supplier in the country and have long term experience in the business. They also hope to deliver better service in the implementation of the project, he said.
The bulk water supply project requires the supplier to provide Baciwa with potable water sourced from springs or surface water only at a minimum volume of 10,000 cubic meters to a maximum of 15,000 cubic meters per day per injection point for the first year with increasing volume over the contract period.
It has an Approved Budget Capital at a fixed price of P10 per cubic meter, equivalent to P54,750,000 for the first year for each injection point for 25 years.
Macatangay said the bid price offered by the consortium for injection point 1 per cubic meter is P8.85 and P9.85 for injection point 2, which is below the ceiling of Baciwa.
The two injection points are located at the ground reservoir in Hda. Loygoy, Brgy. Granada for injection point 1 with 9,842 cubic, he said.
Meanwhile, Puentevella said he is very positive that the project of Baciwa will address the water problem in Bacolod. This will boost water supply and would be a big help in enticing investors to the city, he said.
He congratulated Baciwa for the project and said that they are looking forward to a better water system in Bacolod City.
Torre said that since they have already signed the contract, they can invite the Utilities Consumers Alliance of Negros and other interested parties to see all the documents since they want the public to understand what the project is all about.*CGS
March 12, 2016 - Investment in RE needed to meet carbon-reduction target–Repower
THE Philippines need to invest in renewable energy (RE) to achieve its target to reduce its carbon footprint by 75 percent between 2020 and 2030.
This was stressed by Repower Energy Development Corp. (REDC) CEO Dexter Y. Tiu as the company joins the celebration the World Sustainable Energy Day.
REDC is an RE company utilizing breakthrough technologies for energy production, through hydropower that promote environmental sustainability.
The Philippines, under its Intended Nationally Determined Contribution submission to the secretariat of the United Nation Framework Convention on Climate Change prior to the 21st session of the Conference of Parties (COP) held in Paris, France, last December promised to reduce carbon emission by 75 percent.
Under COP21, 196 countries, including the Philippines, agreed on the goal to cut carbon emission, which will reduce global warming under 2° Celsius and build a carbon-free world economy in the second half of the century.
Developed countries with existing RE plants have also committed to further investments in renewable technologies. The carbon-emission reduction target promised by the Philippines would come from the sectors of energy, transport, waste, forestry and industry.
Environment Secretary Ramon J.P. Paje earlier said that the government is looking at the Green Climate Fund (GCF) as a vital source of support for the country to achieve its commitment.
On the other hand, Environment Undersecretary Jonas R. Leones said massive reforestation and waste-to-energy projects are potential projects in which the government can apply for GCF funding.
Expanding the forests and investing in waste-to-energy projects will enhance the country’s carbon-emission capacity, while capturing methane to be converted into energy will reduce carbon emission, Leones said.
To achieve its ambitious carbon emission-reduction target, Tiu said that the Philippines need more investments in RE projects.
With the country’s buoyant urban and economic growth, energy requirements grow at a rate that is difficult to fulfill, he said. REDC believes this can be addressed by increasing investments in RE to fill the gap and at the same time cut the country’s carbon emissions.