The Aboitiz-owned Davao Light and Power Company (DLPC) is optimistic it will meet the future demand for power supply even with the entry of many locators and investments, including the multi-billion-peso project of Megaworld and other prospective investors within its franchise area.
The assurance has been met with enthusiasm by the Davao City government whixh expects the rise of development projects in the city to demand more power.. City administrator Melchor Quitain said the city is enjoying a construction boom with a tsunami of investors flooding the city.
He is confident though that DLPC can respond to the situation so that the city’s continuing progress will not be hampered.
Ross Luga, DLPC assistant vice president for communications and branding, said the power firm is expecting eight projects to rise this year with huge usage for power, namely Felcris Hotels and Resorts, Mighty Steel Plant, Gaisano Grand Calinan, Gaisano Grand Tibungco, Holy Cross College, Ateneo de Davao University’s expansion, Vifel Cold Storage, and Kuroikebo Food Inc.
By 2015, it also sees the rise of NCCC Buhangin, Abreeza Residences, JTC Tower, and the Abreeza Hotel.
Luga said DLPC is preparing for the increase in the demand for power once Megaworld comes in. The property giant is expected to have huge demand for power when it starts and completes its P15-billion modern township within an 11-hectare property in the next five years.
The township, which will rise in what used to be the Lanang Golf and Country Club, will comprise of a residential and commercial condominiums, business process outsourcing (BPO) centers, and food and beverage establishments, all in high-rise structures.
“Yes. We are preparing for the increase in the demand for power due to new investors or locators,” Luga said. “We are not preparing only for Megaworld but for all prospective investors in our franchise area.”