Aboitiz Power taps EPC contractor for 300-MW Cebu plant

By The Manila Times

Jun 02, 2014 10:07 pm

ABOITIZ Power Corp., the power arm of listed conglomerate Aboitiz Group, has tapped Hyundai Engineering Co., Ltd and Galing Power Energy Co., Inc. for the construction of a P41-billion coal-fired power plant in Cebu.

In a disclosure to the Philippine Stock Exchange on Monday, Aboitiz said that Therma Visayas, Inc. (TVI), a wholly-owned subsidiary of AboitizPower, has signed an engineering procurement and construction (EPC) contract with Hyundai and Galing for the 300-megawatt Cebu plant.

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