Saturday, November 26, 2011

Coal plant embarks on P1.5 million Iloilo watershed reforestation project

Iloilo River  @ the Heart of the City
November 27, 2011, 6:27pm

ILOILO CITY, Philippines — The 164-megawatt coal-fired power plant owned by the Panay Energy Development Corporation (PEDC) is embarking on a P1.5-million reforestation project at the Jalaur Watershed River Basin.

PEDC, a subsidiary of the Global Business Power Corp. (GBPC), part of the Metrobank Group of Companies, signed a deal with the Department of Environment and Natural Resources (DENR 6) for a reforestation program in a 40-hectare area of Bulabog-Putian National Park in the Iloilo towns of Dingle and San Enrique.

GBPC president Arthur Aguilar said it is part of its corporate social responsibility in protecting the environment.

Rene Morente, GBCP assistant vice president for health, service, and safety, disclosed that 1,111 seedlings per hectare will be planted in three years as a means of reducing the coal plant’s carbon emission.

Morente stressed that the coal plant is taking the challenge of implementing the carbon sink project with a long-term goal of sequestering carbon emissions, mitigating the illeffects of climate change, and increasing vegetation condition.

He also said that that the Jalaur Watershed River Basin is PEDC’s chosen beneficiary site as it is located within the only national park in Iloilo province. Meanwhile, a similar environmental program was also launched by GBPC’s 246-megawatt coal-fired power plant in Cebu province.


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