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Calaca-1
Location: Batangas
Operator: National Power Corp
Configuration: 1 X 300 MW
Operation: 1984
Fuel: coal Boiler supplier: FW
T/G supplier: Toshiba
Quick facts: Unit-1 was the first 300-MW class coal-fired plant in the
country. A second unit was added in 1995.
Photograph courtesy of Toshiba Corp
Posted 28 Jan 2004 |
Masinloc
Location: Zambales
Operator: National Power Corp
Configuration: 2 X 300 MW
Operation: 1998-1999
Fuel: coal Boiler supplier: MHI
T/G supplier: MHI, Melco
Quick facts: In Dec 2004, PSALM awarded the
Masinloc plant to a consortium of YNN Holdings Corp and Great
Pacific Financial Group for $561.7mn. This was the largest sale by far to
that date and widely viewed as a landmark in the Philippines power
restructuring drive, despite concerns about the financial and technical
expertise of the winning bidders. The sale price was both double the next
highest bid and substantially above the expected bid.
Photograph courtesy of
National Power Corp
Re-posted 18 Oct 2006 |
Mindanao
Location: Misamis Oriental
Operator: STEAG State Power Inc
Configuration: 2 X 116 MW
Operation: 2006
Fuel: bituminous coal Boiler supplier: Kawasaki
T/G supplier: Toshiba
EPC: Kawasaki, Commonwealth Engineers Co
Quick Facts: This plant at the Phivdec
Industrial Estate near Cagayan de Oro City was approved by NPC and PSALM
in Sep 2003. The lead financing was by Taiwan’s State Investment Trust
which has an 11% stake in the project with STEAG taking an
89% stake. The project dates to 1996 when a 25yr PPA was signed. This was formalized in Oct 2001 and in Apr 2002,
Kawasaki was awarded the EPC contract for the plant, which burns
Indonesian coal. Construction started in Jan 2004 and the plant cost
$305mn. Financial close was in Dec 2003 with a group of lenders
including JBIC, Nippon Export and Insurance Corp,and Germanys KfW,
Bayerische Hypo-und Vereinsbank, and Dresdner Bank.
Photograph courtesy of STEAG
Posted 13 Jan 2007 |
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Pagbilao
Location: Quezon
Operator: Mirant Corp
Configuration: 2 X 367 MW
Operation: 1996
Fuel: coal Boiler supplier: MHI
T/G supplier: MHI, Melco
EPC: B&V, Slipform
Quick facts: This site is only 15km from Manila
on the southwestern tip of Pagbilao Grande island, but the location is
isolated from heavy transportation links and the construction logistics
were daunting. While about $45mn over the initial budget, and not inexpensive at
$1,300/kW, Pagbilao was a model for fast-track IPP deployment in
developing countries
Photograph courtesy of Power
Posted 8 Sep 2004 |
Quezon
Location: Quezon
Operator: Quezon Power Ltd
Configuration: 1 X 490 MW
Operation: 1999
Fuel: coal Boiler supplier: FW
T/G supplier: GE
EPC: Bechtel
Quick facts: This IPP on a 100ha site in Mauban has electrostatic
precipitators, low-NOX burners, and an FGD scrubber. Union Bank of
Switzerland agreed to underwrite up to $600mn of bank financing for the
$860mn project, which also includes a 31km transmission line. The project
has a 25yr PPA with Meralco. In late 1997, lead developer InterGen sold a
26% stake in Mauban to Global Power Investments LP, formed in 1994 by GE
Capital, Soros Fund Management, and International Finance Corp. InterGen
retains a 46% stake, with Covanta having a 26% share and PMR holding 2%.
The plant has a long-term coal supply contract with Indonesia’s PT Adaro
and Kaltim Prima and burns about 1.65mn tons per year. Dedicated port and
coal handling facilities were built.
Photograph courtesy of
Covanta
Posted 28 Sep 2005 |
Sual
Location: Pangasinan
Operator: Mirant Corp
Configuration: 2 X 647 MW
Operation: 1999
Fuel: coal Boiler supplier: Stein
T/G supplier: GEC_Alstom
EPC: Alstom, Arup, Slipform
Quick facts: Development started when Consolidated Electric Power Asia Ltd
(a subsidiary of Hopewell Holdings) bid and won a $900mn BOOT tender for a
1,000-MW power station at Sual. Site prep started in 1995 and construction
started in Feb 1996. The 30ha site is on Bangayao Point on Lingayen
Gulf. The plant has wet limestone FGD scrubbers from Alstom.
Photograph courtesy of Sound
Research Laboratories Ltd
Posted 18 Oct 2006
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