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FEATURED
PARTNER
STEAG
State Power Inc.

STEAG
State Power Inc. (SPI) is a subsidiary of STEAG GmbH, Germany's
fifth largest power station. It operates the 210MW (Net) Mindanao
Coal-Fired Power Plant in the PHIVIDEC INdustrial Estate in Villanueva,
Misamis Oriental. The power plant will address the challenge of
attaining stability of electricity supply in Mindanao and sustain
its economic growth. Since commercial operations in December 2006,
the power plant provided electricity representing 15% of Mindanao's
total power demand.
Over
and above the power it brings to Mindanao's homes and factories,
SPI believes there is more to empowering the people of the island
than supplying electricity for their homes. 3 years before the
plant's operations, SPI has already put in place a comprehensive
Social Development and environment Program designed to uplift
the socioeconomic well-being of the people in its host communities
and help promote environmental conservation.
Sustainable
development is the guiding line for the ambitious programs sponsored
and impelemented by SPI from the Gawad Kalinga housing to the
2,200 hectare reforestation program to vocational trainings. Programs
on skills and livelihood development, health, youth and education,
and environment brought a new ray of hope for the local residents
of Villanueva - a new kind of optimism that through SPI's Social
Development and Environment program they are on their way to building
a self-reliant community.
One
of SPI's flagship programs is the Gawad Kalinga Program, a partnership
with Couples for Christ (CFC), PHIVIDEC Industrial Estate, and
the local government of Villanueva. The program established a
housing village for the displaced families and has provided a
package of social infrastructure support such as decent houses,
potable water system, day care center, and a wide range of livelihood
projects such as the Integrated Farming System consisting of organic
vegetable growing, bio-organic fertilizer production, and livestock
raising. Alternative livelihood activities include the school
chairs production and the handmade paper manufacturing, which
is now a profitable venture selling handcrafted cards mostly to
Germany.
These programs
and initiatives form part of the company's expression of corporate
citizenship. Guided by a philosophy of business with social responsibility,
SPI continues to support efforts geared toward community development
and sustainable environment.
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