CITY of VALENCIA, Bukidnon – The First Bukidnon Electric Cooperative, Inc. (FIBECO) partnership with King Energy Generation Inc. (KEGI) on a twin diesel-powered generation plant project is part of Fibeco’s commitment to the progress and development of Bukidnon.
The first plant—the 3.2MW Bukidnon Power Plant I bunker fuel power plant in Barangay Puntian, Quezon—was inaugurated on July 29, 2012.
KEGI and FIBECO are currently working in another partnership—the 4.4MW Bukidnon Power Plant II diesel plant in Bagontaas, Valencia City. As part of FIBECO’s 10-year power supply plan, our ultimate goal is to have enough power in our coverage area. We are seriously taking moves to address the power needs in the province as well as in Mindanao, said FIBECO General Manager Engr. Renato S. Cortezano.
Kegi’s entry into the Bukidnon power supply scene is part of immediate solutions to the current power crisis, said Cortezano.
We hope to contribute to the progress of Bukidnon by inviting investors in power generation to provide electricity at very reasonable power rate, Cortezano said. MEL N. VELEZ