East Asia Utilities Corp. (EAUC), a wholly-owned subsidiary of Aboitiz Power Corp., has completed the decommission and deregister of its 12.4-megawatt (MW) diesel generator unit 1 in Cebu.
In a disclosure to the stock exchange Monday, AboitizPower said the Independent Electricity Market Operator of the Philippines (IEMOP) confirmed that the 12.4-MW Diesel Generator Unit 1 of the EAUC Bunker C-Fired Diesel Power Plant located at Mactan Export Processing Zone 1 (MEPZ 1), Barangay Ibo, Lapu-Lapu City, Cebu was deregistered from the IEMOP system effective October 30, 2025.
Prior clearances from other concerned bodies such as the Department of Energy (DOE) and the Energy Regulatory Commission (ERC) were also secured, in accordance with the DOE’s guidelines on the decommissioning and mothballing of a generating plant.
The decision by EAUC to seek regulatory approvals for the decommissioning of the plant was made after a technical incident in May 2024 which, following extensive evaluation by EAUC management, rendered the unit no longer viable for repair or continued operation. The other three generating units of EAUC remain unaffected by the decommissioning activity.
EAUC, which began full commercial operations on May 25, 1998, owns, operates, and maintains a Bunker-C fired power plant in MEPZ 1, Lapu-Lapu City, Cebu, serving its capacity to MEPZ 1 and the Wholesale Electricity Spot Market.
AboitizPower Corp. reported last month that its net income rose by 5 percent year-on-year to P10.6 billion in July to September.
The power firm said its earnings before interest, taxes, depreciation and amortization stood at P22.2 billion in the third quarter, 12-percent higher than the P19.8 billion reported in the same period last year.
The company cited an increase in margins from its power generation segment, which was attributable to the company’s reduced exposure to the spot market, and higher water inflow of its hydropower plants.