Pepsi-Cola builds biomass plants in the Philippines
In a bid to reduce its CO2 emissions and cut the cost of electricity bills, Pepsi-Cola Products Philippines is to build two biomass-fired power plants in the nation.
The two facilities, one of which is planned for Rosario, La Union in Luzon, while the other will be located in Cagayan de Oro, Mindanao, are set to be commissioned in May or June later this year.
In a statement about the project PCPPI said: 'The project is expected to significantly reduce the company's energy costs, address the power shortage in the country and increasing cost of fuel, and at the same time promote a carbon emission-free business environment.'
India-based sustainable solutions provider Thermax will be systems integrator, while Philippines-based Solutions for Renewable Energy (SURE) will work under a build-operate-transfer agreement for the project.