
Established in 1997, Delta P, Inc. (DPI) is the largest independent power producer in Palawan operating a 16MW bunker-fired power plant with four (4) units of 4.0 MW generator sets. DPI generates 65% of the energy requirement of the Palawan grid. In 15 May 2007, Gigawatt Power Inc. (GPI) acquired the 100% interest of Wärtsilä Technology Oy Ab (WTFI) in Delta P, Inc. (DPI). In June 2007, Vivant Corporation (VC) acquired a 20% stake in DPI from GPI and in October 2007, Vivant Energy Corporation (VEC), an affiliate of VC, acquired a further 15% stake in DPI from GPI.
Subsequently, VC assigned its 20% stake to VEC. Currently, the ownership structure of DPI is 65% GPI and 35% VEC.
The Power Plant facility of DPI is located on a 25,981sq.m. parcel of land leased from the City Government of Puerto Princesa at Kilometer 13, North National Highway, Barangay Santa Lourdes, Puerto Princesa, Palawan. Commercial operations started in May 1997 by virtue of a Lease Agreement with the National Power Corporation (NPC) consisting of four (4) Wärtsilä 16VSWD280 heavy fuel oil-fired (HFO-fired) engines, each rated at 4.0 Megawatts (MW) for a total installed capacity of 16.0 MW. The Power Plant also has a 219KVA Diesel generating set for black start conditions.
DPI currently supplies about 80% of the energy requirements of Palawan Electric Cooperative (PALECO). PALECO consumes approximately 114gWh a year.
DPI’s Lease Agreement with National Power Corporation (NPC) expired on 03 April 2009. On 06 February 2009, DPI and PALECO signed a Power Supply Agreement (PSA) for DPI to supply PALECO’S power requirements for the next 10 years. DPI and PALECO then filed a joint petition with the Energy Regulatory Commission (ERC) for approval of the PSA. Pending ERC approval, DPI continues to supply PALECO with electricity under an Interim Supply Agreement with the NPC and PALECO and the generation is delivered to PALECO.
DPI is committed to continue to support PALECO, the City of Puerto Princesa and the Province of Palawan in the achievement of their short and long term energy development plans.