President Benigno Aquino III will attend the inauguration of the Therma South Energy Project in Toril, Davao City on Friday.
The 300-megawatt coal-fired power plant is a project wholly owned by Aboitiz Power, a Therma South Inc. subsidiary.
Davao City has been short on power for many years – the city pulls 340 megawatts from the power-grid, but has recently been falling short by at least 50 to 80 megawatts to supply the entire city and stabilise the power supply.
The energy project was started in 2012, the first 150 megawatts started operation in 2015 with some ongoing issues and shutdowns.
The power plant will supply power to the cities of Davao, Cagayan de Oro, General Santos, Butuan, Kidapawan, Cotabato and Tagum, and the provinces of Davao region, Caraga region, Cotabato, Sultan Kudarat, Sarangani, parts of Bukidnon, parts of Misamis and parts of Zamboanga peninsula.
In all, a total of four coal-fired power plants will be up and running by the first half of 2016.
The four units will supply Mindanao with a total of 550 megawatts.
An added 300 megawatts will supplement the Mindanao power grid when San Miguel Power Corporation starts its commercial operation of two smaller power plant, each producing 150 megawatts.
Aquino has noted his attendance of the inauguration of the Therma South power plant – locals noted that over 500 police officers will report for duty to secure the area around the president during his visit.