Manuel V. Pangilinan-led holding company Metro Pacific Investments Corporation (MPIC) wants a joint venture (JV) partnership with the Iloilo City Government for a waste-to-energy project.
Mayor Jerry P. Treñas confirmed on Monday, Aug. 8, that MPIC submitted an unsolicited proposal for the Iloilo City Integrated Solid Waste Management Facility (ISWMF).
The proposed partnership aims to support the city in improving its solid waste management systems to address the declining capacity of the existing landfill and scarcity of land in the metropolis.
“I’m a very happy with this development because it is not easy to get a PPP partner kay ti kinanglan man nga may trust and confidence man ang investor sa local government units,” said Treñas.
Singson said the proposed project will provide the city with a comprehensive, financially viable, and environmentally responsible solution to address its solid waste management challenges.
ISWMF will be capable of processing approximately 450 tons per day of municipal solid waste (MSW).
According to Treñas, MPIC’s proposal will be reviewed by the city government just like the PPP project with SM Prime Holdings Inc.
“Waste-to-energy is a way to go, it is being done in European countries which are very strict in so far as emissions are concern. I assure that we will be very strict in so far as this is concern,” he siad.
Under the proposal, ISWMF will be comprised of a Materials Recovery Facility (MRF); a Mechanical Biological Treatment (MBT) Facility that will pre-treat the organic fraction of MSW separated by the MRF to produce an Organic Wet Fraction (OWF); an Anaerobic Digestion (AD) system that will co-digest the OWF of MSW processed by the MBT system and the septage sludges from MPIW’s STP; and a Refuse Derived Fuel (RDF) Production Facility, that will process and convert the residual combustible fraction (RCF) of MSW to produce approximately 120 mt/day of a RDF, which is approved by the Department of Energy as a renewable energy and alternative fuel (coal substitute).
In implementing the project, MPIC and the city government will enter into a Joint Venture Agreement (JVA) wherein each of the parties shall be entitled to dividends based on their number of shares held in the agreement.IMT
