By Liezle BasaInigo
SUAL,
Pangasinan — In response to the call for the private sector to help produce
power, a company is finalizing negotiations for the putting up of a P1 billion
investment on a 600-megawatt coal power plant in Barangay Bacquioen, this town.
Mayor Roberto Arcinue said the negotiations
with Trans-Asia Oil and Energy Development Corp. is being finalized and the
project proponent has conducted public hearings.
Included in the negotiation are benefits for
the town and local folk which includes power rate discounts; guaranteed uninterrupted
power supply; priority in hiring residents as workers. Also included in the
negotiation is for Trans-Asia to give a P100 million to the town upon signing
of the memorandum of agreement (MOA) with the local government unit.
Arcinue said that the amount can be used for
social development projects like construction of a vocational school for the
training of residents, development of the municipal wharf and the seafood
paradise; additional budget for the construction of a hospital; and for environment
protection and preservation.
It can be recalled that Barangay Bacquioen
was the original proposed site for the 1,218-MW Sual coal-fired plant but
opposition from the local residents made the proponents abandon the area and
transfer to Pangascasan.
The mayor said that while there remains
opposition to the new project, some residents see the improvement in the lives
of the residents of Pangascasan who hosted the first power plant.
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