Alsons In Talks With EGCO, Toyota Tsusho for Power Plant Venture

Alsons Consolidated Resources Inc. (ACR) said it’s in talks with Electricity Generating Co. of Thailand and Toyota Tsusho Corp. (8015) for a “possible” partnership in a 200- megawatt power plant in the southern Philippine island of Mindanao.

Alsons also awarded to Daelim Industrial Co. of Korea the engineering, procurement and construction contract for a 100- megawatt power plant, it said in a disclosure to the stock exchange today.

To contact the reporter on this story: Norman P. Aquino in Manila at naquino1@bloomberg.net

To contact the editor responsible for this story: Cecilia Yap at cyap19@bloomberg.net

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