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Business

EEI Corp power unit ties up with Denmark’s MAN

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The power subsidiary of construction firm EEI Corp. has tied up with MAN B&W Holeby of Denmark for the exclusive sale of parts and servicing of its facilities in the country.

EEI Power Corp., the power unit of the industrial construction firm, signed the agreement with MAN B&W Holeby, a global engineering and energy corporation, last May and has designed and constructed a P4-million industrial facility in Calabarzon using MAN’s bunker-fired generating set.

The entry of MAN signals the fusion of local and international companies positioning for the expected surge in power-related projects in the country following the recent passage of the Power Reform Bill, which would break up the state’s control of power generation and distribution.

EEI Power is a provider of construction and operations and maintenance (O&M) services for power plants in the country. The agreement with MAN will enable it to offer engineering and O&M services to manufacturing companies requiring efficient and reliable electricity at rates lower than commercial power operators.

It currently operates the one-megawatt power plant of Creative Diecast Philippines Corp. (formerly Haneda), a Japanese-owned corporation engaged in the manufacturing and exports of electronics component for personal computers and gas meters.

The project, built using the MAN generating set, is under a 15-year build-operate-lease-transfer agreement with CDPC. – Conrado Diaz Jr.

vuukle comment

CALABARZON

CONRADO DIAZ JR.

CREATIVE DIECAST PHILIPPINES CORP

POWER

POWER CORP

POWER REFORM BILL

W HOLEBY

W HOLEBY OF DENMARK

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