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Transco Project in Bohol Pushed by Aumentado
« on: January 19, 2020, 02:58:40 AM »
June 2008: by Manila Bulletin
The BBTH was labeled as "not financially viable," by the National Economic and Development Authority (NEDA) in the initial evaluation and review of its Central Visayas office.

In defending its need and potential viability, Aumentado gave a 19-point justification on top of the two-megawatt (MW) projected load of the Panglao Bohol International Airport Development Project (PBIADP).

In a letter to Aumentado, NEDA Region 7 Director Marlene Rodriguez had said the backbone power transmission project "is not financially viable using a minimum load forecast scenario that already includes the 2-MW projected load" of the Panglao airport.

"In view of this, may we know from your preliminary discussions with investors, the eco-tourism facilities and structures to be built in the province that would require substantial power load," she stated in her letter.

In his reply, the governor emphasized his unqualified support to the BBTP that was proposed by the National Transmission Corp. (TransCo) for funding under its corporate internal cash generation (ICG).

He said the project can improve the efficiency and reliability of the present power for the province.

"Moreover, the project implementation can help pump-prime the economy and lay down the fundamentals to prevent a power shortage in Bohol once the PBIA will be completed and operational by the last quarter of 2010," Aumentado stated in his reply to the NEDA.

He said the transmission line will provide also the necessary fiber optics for Bohol's Information and Communication Technology (ICT) and participation in the booming call centers industry.

His 19-point justification includes high-end establishments that were not yet inputted into the TransCo study, as well as those slated for completion in time for the operationalization of the PBIA in 2011.

The establishment he had referred to include the Bohol Regency Hotel and Convention Center which will start construction this year of its R1. …

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PUBLICATION:
Manila Bulletin

PUBLICATION DATE:
June 5, 2008

Questia is operated by Cengage Learning.
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