Author Topic: Metrobank group eyeing Bohol for power plant  (Read 926 times)

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Metrobank group eyeing Bohol for power plant
« on: January 04, 2017, 08:15:39 PM »
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.

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