DMCI Power Corp. Reports Record Energy Sales in 2024

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DMCI Power Corp. Reports Record Energy Sales in 2024
ENERGY SALESDMCI POWEROFF-GRID AREAS
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DMCI Power Corp. (DPC) announced a 9% increase in energy sales for 2024, reaching 491.2 gigawatt-hours (GWh). The growth was driven by rising demand in Palawan, Masbate, and Oriental Mindoro, along with the full-year operation of the 15-megawatt Palawan Thermal Power Plant. DPC aims to expand its installed capacity by 27% in 2025 with several projects under development, including bunker power plants and a wind project in Semirara Island.

DMCI Power Corp. , the power generation arm of DMCI Holdings Inc., said Thursday that it achieved energy sales totaling 491.2 gigawatt-hours , up 9 percent from 2023.The increase was said to havedriven by rising demand in the provinces of Palawan, Masbate and Oriental Mindoro, along with the full-year operations of the15-megawatt Palawan Thermal Power Plant.

This year, DPC aims to expand its installed capacity by 27 percent with 43 MW of projects now currently under development.These include an 8 MW bunker power plant in Aborlan, Palawan, set for completion in the first quarter of this year, and another 8 MW facility in Masbate, expected to be operational by the second quarter.'With regards to our wind project in Semirara Island, we are now in the process of installing it. By around March 2025, it will be finished,' Gatdula also said.

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ENERGY SALES DMCI POWER OFF-GRID AREAS POWER PLANTS CAPACITY EXPANSION

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