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Visayas grid to get boost with expansion of coal-fired power plant

Therma Visayas, Inc. (TVI) lays the cornerstone for its Unit 3 expansion in Barangay Bato, marking the start of a 150-megawatt (MW) addition to its existing 300-MW facility. The project aims to reinforce the Visayas grid, close Cebu’s supply deficit, and help stabilize power as demand is expected to reach 1,400 MW by 2026. AboitizPower executives highlighted the milestone’s impact on Cebu and the Visayas. Regional COO for Visayas Rhea Navarro said Unit 3 would help drive growth and strengthen the grid, while COO Aldo Ramos called it a capacity for 'hope, enterprise and the future' for Toledo, Cebu, and beyond. Unit 3, a brownfield coal-fired expansion that uses existing site infrastructure, is scheduled for completion by 2028. Once operational, it will raise TVI’s total capacity to 450 MW, providing reliable baseload power, creating jobs, and supporting key industries while reducing Cebu’s dependence on imported supply.

VIDEO BY KAISER JAN FUENTES

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Transcript
00:00Thank you leaders, this is truly a
00:29For every set one, together we build more than power, we build the future
00:38To our distinguished guests, valued partners and our colleagues
00:41Welcome to PDI, Therma Visayas Inc.
00:46Today we set a cornerstone for Unit 3, a 150 megawatt addition to our existing 300 megawatt
00:54plan to help drive seguse growth and strengthen the Visayas grid for years to come.
01:00This is a proud day for Amoytis Power and for everyone who has walked this journey with us.
01:07We are honored by the presence of our partners in the government and the private sector.
01:13We are especially grateful to the Cebu Provincial Government, ably represented today by Attorney
01:19J. Bo, Borgonia on behalf of Governor Pam.
01:22The province's vision of opening Cebu's economic corridors inspires us to ensure that Unit 3
01:29is not just a power facility, but an enabler of trade, jobs, and inclusive growth for every
01:36Segwano.
01:37With the City Government of Toledo, headed by Mayor Joy Carales and Vice Mayor Jay Sige,
01:44and the City Councilors, taghang salamang kaayaw for your leadership and for fostering a business-friendly
01:53and investment-ready city.
01:56To the House of Representatives, we are honored by the presence of Congresswoman Karen Garcia,
02:02and also our long-time partner from our Congresswoman P.J. Garcia.
02:07Thank you for your presence of Cebu's 3rd District, your work in championing legislation creates
02:13an environment where projects like Unit 3 can thrive and deliver lasting value to the people
02:19of Cebu.
02:20We will step forward by expanding Cebu's power supply at a time when demand is rising and
02:26reserves are stretched.
02:28For Cebu's 3.3 million residents, a steady supply of electricity is crucial to keep hospitals running,
02:36stores open, and homes fit for living.
02:39As we move ahead with Unit 3, our focus continues to be safe operations, responsible care for
02:48the environment, and local participation with open lines for collaboration.
02:53So today's ceremony carries a fitting name.
02:56It's called Cornerstone.
02:58And what we set in place today supports everything that comes next.
03:02Jobs during construction, opportunities for local governance, and measured benefits, measured
03:09by the benefits felt by the communities around us.
03:12To our partners in government, let's continue to work closely to shape policies, strengthen plans,
03:21and deepen community engagement, ensuring growth that remains responsible and inclusive.
03:27To our project financial services.
03:30To our project.
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03:33To our project.
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