MANILA -- The DMCI Power Corp. (DPC) recorded a 19 percent increase in sales volume for the first half of the year, following an upsurge in power demand and improvement of distribution and transmission line systems in key operating areas.
Sales volume reached 169.50 gigawatt hours (GWh) compared to 142.91GWh the previous year.
The Palawan segment accounted for 43 percent of the total sales volume, followed by Masbate and Oriental Mindoro at 35 percent and 22 percent, respectively.
“The significant sales growth in Palawan is attributable to the increase in DPC’s level of dispatch following the expiration of Delta-P’s old power supply contract in April,” DPC president Nestor Dadivas said.
“Our Palawan power plants became the second priority in terms of energy dispatch so we were able to maximize our contractual capacity in the area,” he added.
Meanwhile, the continuous rehabilitation of the 69 kilovolt (kV) transmission lines in Oriental Mindoro and ongoing improvement of distribution lines in Masbate accounted for the double-digit sales growth in both provinces.
On a standalone basis, DMCI Power grew its first semester bottom line by 10 percent year on year, from PHP213 million to PHP234 million.
Established in 2006 to provide sufficient and reliable electricity to missionary areas, DPC is one of the biggest off-grid energy players in terms of total installed capacity in the Philippines. (PR)
