Satrap Power Corporation
Satrap Power Corporation (SATRAP) was established in 2014 in response to the growing needs for low cost sustainable electricity in the Philippines. With an initial capitalization of Php100 million, it is Satrap’s vision to be in the forefront of developing renewable energy projects in the Philippines, and will give preference in employment of qualified residents as well as undertakecorporate social responsibility projects focused on education and training of qualified and deserving beneficiaries in the host communities. Further, the Local Government Units (LGU) hosting the resource shall be entitled to several incentives in accordance with the Renewable Energy Act of 2008 (RA 9513), and more particularly the financial benefits pursuant to ER 1-94. Satrap is an affiliate of the LCS Group of Companies whose business interest includes Real Estate, Construction, Agro-Industrial Enterprises, Land and Air Transportation, Mining and Entertainment.
Currently, Satrap is the Renewable Energy Developer of the Solar, Biomass and Mini-Hydro Power Facilities in the Province of Ilocos Sur. Satrap is managed by officers with several years of combined experiences in the fields of Engineering and Construction, Project Development, and Renewable Energy Development and Operation.
Projects
20MW Santa Solar (PV) Power Plant
Brgy. Nagpanaoan, Santa, Ilocos Sur, Philippines
7MW Santa Agro-Biomass Power Plant
Brgy. Nagpanaoan, Santa, Ilocos Sur, Philippines
3MW Santa MSW-Biomass Power Plant
Brgy. Nagpanaoan, Santa, Ilocos Sur, Philippines
3.8MW Suyo2 Mini-Hydroelectric Power Plant
Brgy. Man-Atong, Suyo, Ilocos Sur, Philippines
3.78 La Union North Cluster Waste-To-Energy Power Plant
Brgy. Bitalag, Bacnotan, La Union, Philippines
Headed by
Robert Lyu
CEO - Power
Location
Quezon City ,Metro Manila Philippines
Date Established
September 3, 2014
Major Projects
• 20MW Santa Solar (PV) Power Plant Brgy. Nagpanaoan, Santa, Ilocos Sur, Philippines
• Partnership with LMP League of Municipalities of the Philippines to deploy SOLAR PARKING on 1,400++ LGUs all over the country
Capital
PHP 69,400,000.00
20MW Project Value
PHP 1,400,000,000.00
Total Assets Value
PHP 71,500,000.00