News

Prime Infra unit acquires original proponent status for supply of 500MW to Meralco

18 July 2022

The Manila Electric Company (Meralco) declares Ahunan Power, Inc. (Ahunan) as the Original Proponent in relation to its offer to supply 500 megawatts (MW) of mid-merit power using pumped storage hydropower (PSH) as an energy storage system. Ahunan is a subsidiary of Prime Infrastructure Capital Inc. (Prime Infra).

Meralco, through its Third-Party Bids and Awards Committee (TPBAC), granted the Original Proponent status on June 29, 2022. Ahunan’s offer is subject to competitive challenge under the rules of the Department of Energy, with Ahunan having the right to match any comparative proposals.

“We are pleased to continue putting forward innovative solutions to Meralco and consequently having been granted the Original Proponent status to Ahunan. We look forward to the opportunity of further providing renewable energy sources that are reliable and sustainable,” said Prime Infra Chairman Enrique K. Razon, Jr.

“This project is a testament to our goal of integrating ESG in the critical infrastructure assets that we deliver. Prime Infra will continue to pioneer energy and other infrastructure projects that are environmentally resilient and socially relevant,” said Guillaume Lucci, Prime Infra’s President and CEO.

To ensure the timely supply of power to Meralco, Ahunan nominated two PSH plants, either of which can supply the needed 500MW energy under its offer. The first is located in Laguna and is already undergoing pre-development by Ahunan. The second is a PSH plant in Wawa, Rizal under pre-development by Olympia Violago Water & Power, Inc. (OVWPI). Ahunan has entered into an agreement to acquire a controlling interest in OVWPI.

Ahunan and OVWPI have a total hydro service contracts of 1,200MW and 500MW net dependable capacity respectively. This represents an additional 8% dependable installed capacity to the Philippine Grid. The development of PSH plants also represents a move away from the traditional oil or gas-based power for mid-merit and peaking. Lastly, the PS is an Energy Storage System, which allows greater penetration of renewable energy sources as it can both absorb and generate electricity to follow the variability of wind and solar plants.

PSH plants store and generate electricity by moving water between two reservoirs at different elevations. Water is pumped from the lower reservoir to the upper reservoir during off-peak hours to store underutilized energy, then released from the upper reservoir to the lower reservoir to generate electricity in times of high demand.

Ahunan’s PSH plants have a capability of a minimum guaranteed output of 12 hours per day covering the peak hours of Meralco.

  • PRIVACY NOTICE


    We at Prime Infrastructure Holdings, Inc. (“Prime Infra”) are committed to protecting and respecting your privacy in accordance with applicable data privacy laws and regulations, including the Philippine Data Privacy Act of 2012, its implementing rules and regulations, issuances of the National Privacy Commission, and other related data protection laws (collectively, the “Privacy Laws”).

    This Privacy Notice sets out the purpose and manner by which Prime Infra collects and processes your personal data you provide us through our Contact Page and the practices and security measures we implement to ensure the protection of your personal information.

    This Privacy Notice was last updated on 20 October 2021. We reserve the right to amend this Privacy Notice from time to time to reflect changing legal requirements or our processing practices. Any such changes will be posted on this website and will be effective upon posting.

    Personal data collected

    When you reach us through any of the avenues provided in our Contact Us page, we collect the following personal data you disclose in your correspondence, such as:

    • 1. Name
    • 2. Contact information (e.g. e-mail address, mobile number, address, etc.)
    • 3. Other personal data you provide.

     

    Prime Infra also uses a third party program for website analytics. When accessing our website, this program only collects the following information:

    • a. Number of unique visitors
    • b. Website traffic sources
    • c. Visitor’s geographic location (country)
    • d. Time spent browsing the website

     

    Purpose and manner of using personal information

    The personal data that we collect are manually and/or electronically used, stored, retained, recorded, or otherwise processed exclusively for purposes of:

    • a. Addressing any correspondence sent to Prime Infra; and
    • b. Any other purpose for which you provided your personal information to Prime Infra through its website.

     

    Inquiries and requests, which may contain personal data, are only disclosed or forwarded to the relevant internal department for appropriate action or response. We do not disclose or share your personal data to any other parties unless (a) you specifically consent to the transfer or sharing of the personal data; or (b) we are legally obligated or ordered by a competent authority to make such disclosure. In such a case, the transfer, sharing, or disclosure of the personal data will be done in accordance with applicable Privacy Laws. You will be notified of such transfer, sharing, or disclosure, and we will take appropriate safeguards to ensure the integrity and protection of the personal information being transferred.

    We will delete the personal data when it is no longer reasonably required for the above purposes or when you withdraw your consent to the processing thereof, provided that we are not legally required or otherwise permitted to continue to hold such personal data. We may retain the personal data for an additional period, to the extent that we deem it necessary to comply with regulatory compliance requirements or assert or defend legal claims during any relevant retention period.

     

    Where we process and store personal information

    We process and store the personal information you disclose only within the Philippines. Should it become necessary for us to store your data in another jurisdiction, we will comply with the requirements under the Privacy Laws.
     

    How we secure and protect personal information

    We take the necessary and appropriate organizational, physical, and technical security measures against the unauthorized or unlawful processing of the personal data and against accidental loss or destruction of, or damage to, your personal data.

    We also limit access to the personal data to the personnel who require such data in the performance of their functions.

     

    Rights as Data Subjects

    As data subjects, you have the following rights over your personal data

    • a. Right to Be Informed — You have the right to be informed whether the personal data shall be, are being, or have been processed, including whether automated decision-making and profiling will be involved in the processing.
    • b. Right to Object — You can object to processing of your personal data, including processing for direct marketing, automated processing, or profiling.
    • c. Right to Access — You have the right to reasonable access to the following, upon demand:
      i. The contents of your personal data that was processed;
      ii. Sources from which your personal data was obtained;
      iii. Names and addresses of recipients of your personal data;
      iv. The manner by which your personal data was processed;
      v. The reasons for the disclosure of your personal data to third persons, if any;
      vi. Information on automated processes where your personal data will, or is likely to, be
      used as the sole basis for any decision that significantly affects or will affect you;
      vii. Date when your personal data was last accessed and modified; and
      viii. The designation, name or identity, and address of the personal information controller.
    • d. Right to Rectification — You have the right to dispute any inaccuracy or error in your personal
      data, unless the request is vexatious or otherwise unreasonable.
    • e. Right to Erasure or Blocking — You have the right to suspend, withdraw or order the blocking,
      removal or destruction of your personal data from our filing system, under the circumstances
      allowed under Privacy Laws.
    • f. Right to Damages — You have the right to be indemnified for any damages sustained due to such
      inaccurate, incomplete, outdated, false, unlawfully obtained or unauthorized use of your
      personal data, upon a finding by a court or tribunal of competent jurisdiction that a violation of
      the Privacy Laws has occurred.
    • g. Right to Portability — You have the right to obtain a copy of your personal data in an electronic or
      structured format, which is commonly used and allows for your further use, in case your personal
      data was processed through electronic means and in a structured and commonly used format.

     

    Any requests, concerns, or notices relating to exercising your rights as indicated above may be sent in writing to the following:

    Data Protection Officer
    Email: [email protected]
    Landline: +63 2 8396 5320
    Website: www.primeinfra.ph
    Address: Three E-Com Center, Bayshore Drive corner Ocean Drive, Block 21, Mall of Asia Complex, Pasay City

  • PRIVACY NOTICE


    We at Prime Infrastructure Holdings, Inc. (“Prime Infra”) are committed to protecting and respecting your privacy in accordance with applicable data privacy laws and regulations, including the Philippine Data Privacy Act of 2012, its implementing rules and regulations, issuances of the National Privacy Commission, and other related data protection laws (collectively, the “Privacy Laws”).

    This Privacy Notice sets out the purpose and manner by which Prime Infra collects and processes your personal data you provide us through our Contact Page and the practices and security measures we implement to ensure the protection of your personal information.

    This Privacy Notice was last updated on 20 October 2021. We reserve the right to amend this Privacy Notice from time to time to reflect changing legal requirements or our processing practices. Any such changes will be posted on this website and will be effective upon posting.

    Personal data collected

    When you reach us through any of the avenues provided in our Contact Us page, we collect the following personal data you disclose in your correspondence, such as:

    • 1. Name
    • 2. Contact information (e.g. e-mail address, mobile number, address, etc.)
    • 3. Other personal data you provide.

     

    Prime Infra also uses a third party program for website analytics. When accessing our website, this program only collects the following information:

    • a. Number of unique visitors
    • b. Website traffic sources
    • c. Visitor’s geographic location (country)
    • d. Time spent browsing the website

     

    Purpose and manner of using personal information

    The personal data that we collect are manually and/or electronically used, stored, retained, recorded, or otherwise processed exclusively for purposes of:

    • a. Addressing any correspondence sent to Prime Infra; and
    • b. Any other purpose for which you provided your personal information to Prime Infra through its website.

     

    Inquiries and requests, which may contain personal data, are only disclosed or forwarded to the relevant internal department for appropriate action or response. We do not disclose or share your personal data to any other parties unless (a) you specifically consent to the transfer or sharing of the personal data; or (b) we are legally obligated or ordered by a competent authority to make such disclosure. In such a case, the transfer, sharing, or disclosure of the personal data will be done in accordance with applicable Privacy Laws. You will be notified of such transfer, sharing, or disclosure, and we will take appropriate safeguards to ensure the integrity and protection of the personal information being transferred.

    We will delete the personal data when it is no longer reasonably required for the above purposes or when you withdraw your consent to the processing thereof, provided that we are not legally required or otherwise permitted to continue to hold such personal data. We may retain the personal data for an additional period, to the extent that we deem it necessary to comply with regulatory compliance requirements or assert or defend legal claims during any relevant retention period.

     

    Where we process and store personal information

    We process and store the personal information you disclose only within the Philippines. Should it become necessary for us to store your data in another jurisdiction, we will comply with the requirements under the Privacy Laws.
     

    How we secure and protect personal information

    We take the necessary and appropriate organizational, physical, and technical security measures against the unauthorized or unlawful processing of the personal data and against accidental loss or destruction of, or damage to, your personal data.

    We also limit access to the personal data to the personnel who require such data in the performance of their functions.

     

    Rights as Data Subjects

    As data subjects, you have the following rights over your personal data

    • a. Right to Be Informed — You have the right to be informed whether the personal data shall be, are being, or have been processed, including whether automated decision-making and profiling will be involved in the processing.
    • b. Right to Object — You can object to processing of your personal data, including processing for direct marketing, automated processing, or profiling.
    • c. Right to Access — You have the right to reasonable access to the following, upon demand:
      i. The contents of your personal data that was processed;
      ii. Sources from which your personal data was obtained;
      iii. Names and addresses of recipients of your personal data;
      iv. The manner by which your personal data was processed;
      v. The reasons for the disclosure of your personal data to third persons, if any;
      vi. Information on automated processes where your personal data will, or is likely to, be
      used as the sole basis for any decision that significantly affects or will affect you;
      vii. Date when your personal data was last accessed and modified; and
      viii. The designation, name or identity, and address of the personal information controller.
    • d. Right to Rectification — You have the right to dispute any inaccuracy or error in your personal
      data, unless the request is vexatious or otherwise unreasonable.
    • e. Right to Erasure or Blocking — You have the right to suspend, withdraw or order the blocking,
      removal or destruction of your personal data from our filing system, under the circumstances
      allowed under Privacy Laws.
    • f. Right to Damages — You have the right to be indemnified for any damages sustained due to such
      inaccurate, incomplete, outdated, false, unlawfully obtained or unauthorized use of your
      personal data, upon a finding by a court or tribunal of competent jurisdiction that a violation of
      the Privacy Laws has occurred.
    • g. Right to Portability — You have the right to obtain a copy of your personal data in an electronic or
      structured format, which is commonly used and allows for your further use, in case your personal
      data was processed through electronic means and in a structured and commonly used format.

     

    Any requests, concerns, or notices relating to exercising your rights as indicated above may be sent in writing to the following:

    Data Protection Officer
    Email: [email protected]
    Landline: +63 2 8396 5320
    Website: www.primeinfra.ph
    Address: Three E-Com Center, Bayshore Drive corner Ocean Drive, Block 21, Mall of Asia Complex, Pasay City