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Saturday, November 23, 2024

NY firm bent on $500M WTE plant in Bataan

Balanga City, Bataan”•A New York-based multinational company is bent on putting up a $500 million (P25 billion) Waste-to-Energy (WTE) power plant in Bataan after it signed a memorandum of understanding with Governor Albert Garcia for the project.

AgriPower Inc., represented by the company's Chief Executive Officer Barry J. Berman, and Garcia formally signed the MOU last month for the project that could produce 100 MW of electricity in Bataan.

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A leading company in the United States, AgriPower has already set up more than 60 WTE “heat only” systems, now operating in the US and Canada for more than 12 years.

The WTE power plant project was facilitated by Mario T. Supnad, a provincial consultant of Bataan.

Despite the pandemic that has paralyzed economic activities across the world, Berman and Supnad continued to work hand in hand to pave the way for the formal signing of the MOU.

Through the instruction of the governor, Supnad has worked with Hermosa Mayor Jopet Inton for the preparation of the plant’s site in the area.

“We will give priority on the project in Bataan, since this is one of our biggest undertakings,” said Berman in a telephone conversation with Supnad, a practicing journalist and newspaper editor.

Garcia welcomed the project since the province is pushing for Public, Private, Partnership (PPP) to invite investors and generate employment and at the same time he expressed his gratitude to AgriPower in trusting Bataan.

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