CABANATUAN CITY – An energy
company which owns and operates the Pantabangan-Masiway Hydroelectric Complex,
is locked up in a tug-of-war with a Singaporean firm over the P13.6-billion
Balintingon Reservoir Multi Purpose Project (BRMPP) that can potentially
irrigate 63,000 hectares of agricultural lands in southern Nueva Ecija and
portions of Central Luzon.
National
Irrigation Administration Administrator Antonio Nangel said that the First Gen
Hydro Power Corp. (FGHPC) is also keen on constructing the BRMPP even as the NIA
Board has approved the application of Kaltimex Energy (Singapore), Ltd. (KES) to
undertake the dam project subject to certain conditions.
“First
Gen has indicated it also wants Balintingon,” Nangel said, even as a technical
working group (TWG) has been created to evaluate the KES. The TWG is chaired by
deputy administrator for engineering and operations Robert Suguitan and is
composed of representatives from the engineering, operations and legal
department of the agency.
KES
and FGHPC have figured prominently in the recent wave of power interruptions in
Pantabangan town. KES was tapped last year by the municipal government to
rehabilitate the local government-run Pantabangan Municipal Electric Services
(Pames).
FGHPC
cut off power to Pames over its allaged failure to pay power bills from July to
December 2012 worth P8.7 million.
Lawyer
Genever Dionio, chief of the NIA’s legal department, said the approval of the
KES’s application was on condition that it should submit documents showing its
legal, technical and financial capability to undertake the BRMPP.
He
said the KES has already submitted the required
documents. “We have yet to go over the documents but we will do so soon,” he
said.
The
feasibility study for the BRMPP was submitted to the NIA by Sunwest Water and
Electric Company (Suweco) last October for its evaluation.
However,
Suweco president Jose Silvestre Natividad informed Nangel that his firm has
assigned all its rights, title and interest to the feasibility as well as its
investment and operation of the power plant to KES, its partner in the
preparation of the feasibility study.
A
copy of the seven-page executive summary of Suweco’s feasibility study for the BRMPP stated that
the hydro-electric power project is proposed to be built at the catchment area
of the Penaranda-Sumacbao-Chico river systems.
Its potential
service area of 63,000 hectares will cover the towns of Cabiao, Gen. Tinio ,
Penaranda, San Isidro and Sta. Rosa and the cities of Cabanatuan and Gapan, all
in Nueva Ecija; San Miguel, San Ildefonso and and San Rafael in Bulacan and
Arayat in Pampanga.
Among
the BRMPP’s components are a 138-meter rockfill dam, a spillway designed to
cope with flood, a 44-megawatt capacity powerhouse, a concrete weir located
seven kilometers downstream of the main dam and new irrigation facilities.
The
study estimated the entire project, whose economic life is 50 years, to cost
P13.6 million of which P10 million is the direct cost. It has an economic
internal rate of return of 21.05%.
In
1993, the project was estimated to cost only P5 billion then P8.3 billion in
1999.
The
project is expected to produce 119.59 gigawatt-hours of of power and P1.6
billion worth of electric benefits annually. Aside from irrigation and
hydro-electric power generation, the project is also expected to generate fish
production worth P280 million annually.
The
study also said that the BRMPP would ensure year-round irrigation to 41,500
hectares of land, resulting in annual incremental production of 65,761 tons of
paddy rice and 18,035 tons of vegetables.
The
project was initially formulated in the Irrigation Development Plan for Central
Luzon in 1976 which was based on a reconnaissance study conducted by NIA and
Electroconsult of Italy.
It was conceived to take over the role of the Aurora-Penaranda Irrigation
Project which supplied southern Nueva Ecija with irrigation.
Aside
from the KES and the FGHPC, the long-delayed dam project is being eyed by
several companies, including the California International Ltd. (CalEnergy), the
same American firm which built the giant Casecnan Multipurpose Irrigation and
Power Project (CMIPP). – Manny Galvez