Metrobank group eyeing Bohol for power plant
Manila Times, May 10, 2010
THE Metrobank Group is looking at Bohol as a potential site for another coal-fired power plant.
Carlos Itable, Bohol I Electric Cooperative Inc. (BOHECO I) general manager, said that the lender's power unit, Cebu Energy Development Corp. (CEDC), recently met with the cooperative to discuss the possibility of putting up a coal plant in the island.
"I told them they should put up a plant here because we still have a shortage of 60 megawatts," he said, adding that the power firm indicated that it may be able to put up an 82-megawatt generating unit after a year.