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Calaca
Location: Batangas
Operator: SEM-Calaca Power Corp
Configuration: 2 X 300 MW
Operation: 1984-1995
Fuel: bituminous and subbituminous coal
Boiler supplier: FW, MHI
T/G supplier: Toshiba, GEC-Alstom
EPC: Commonwealth Engineers, MHI
Quick facts: Unit-1 was the first 300-MW class coal-fired plant in the
country. In July 2009, the plant was sold to DMCI Holdings for $361.71mn.
Photograph courtesy of DMCI Holdings
Re-posted 5 Dec 2012 |
Masinloc
Location: Zambales
Operator: Masinloc Power Partners Co Ltd
Configuration: 2 X 330 MW
Operation: 1998-1999
Fuel: coal
Boiler supplier: MHI
T/G supplier: MHI, Melco
EPC: Stone & Webster, Commonwealth Engineers, MHI
Quick facts: After an international auction process, PSALM awarded the
Masinloc plant to a consortium of YNN Holdings Corp and Great Pacific
Financial Group for $561.7mn in Dec 2004. This was the largest Philippine power plant divesture to that
date and the price was both double the next highest bid and substantially above the
expected bid. In the event, the consortium could not consummate the sale
and the plant was rebid in Jul 2007 and eventually sold to a consortium
led by AES Corp. Financing closed in mid-April 2008, with the participation of
the ADB, IFC and a syndicate of commercial banks. AES has made extensive investments to recover lost capacity
and improve plant efficiency and environmental operations. Masinloc was named a Power magazine Top Plant in 2011.
Two more 300-MW units are in planning.
Photograph courtesy of Power
Re-posted 16 Oct 2011 |
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 |
Naga City-2
Location: Cebu
Operator: Kepco Phillipines Corp
Configuration: 2 X 103 MW
Operation: 2010-2011
Fuel: coal
Boiler supplier: Doosan
T/G supplier: Doosan
EPC: Doosan
Quick facts: In Jun 2004, a 200-MW coal-fired IPP extension to the 100-MW coal-fired plant at Naga City, in Cebu was officially launched as a result of bilateral agreements signed by the Philippine and Korean governments. Development was by a 60:40 joint venture of Kepco and Salcon Power Corp from Singapore. The Philippine Board of Investments approved incentives for the project, which has two CFB boilers and burns local coal from Semirara Mining Corp. The project cost an estimated $278mn.
Photograph by edgar j ediza (flickr)
Posted 30 May 2012 |
Pagbilao
Location: Quezon
Operator: TeaM Energy 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. In Jun 2007, Mirant sold the Pagbilao and Sual
coal-fired plant and a 20% stake in the Ilijan combined-cycle plant to
TeaM Energy Corp for $3.424bn. TeaM is a joint venture of Tepco Intl and
Marubeni Corp.
Photograph courtesy of Power
Posted 8 Sep 2004 |
PEDC
Location: Iloilo
Operator: Global Business Power Corp
Configuration: 2 X 82 MW
Operation: 2011
Fuel: coal
Boiler supplier: FHI
T/G supplier: Kawasaki, Toshiba Mitsubishi-Electric Industrial Systems
EPC: FHI
Quick facts: This CFB project in Brgy Ingore Lapaz, Iloilo City, was built by Panay Energy Development Corp, a subsidiary of Global Business Power Corp. It cost PHP 19.9bn and went commercial on 26 Mar 2011. Electricity is sold to local coops and Philippine Phosphate Fertilizer Corp.
Photograph by raymonddeza (Panoramio)
Posted 25 Nov 2012 |
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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: TeaM Energy Corp
Configuration: 2 X 647 MW
Operation: 1999
Fuel: bituminous coal
Boiler supplier: Stein
T/G supplier: GEC-Alstom
EPC: GEC-Alstom, Arup, Slipform
Quick facts: This is the largest coal-fired power station in the
Philippines. 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. Uni-1 went commercial in Oct 1999. The 142ha site is on Bangayao Point on Lingayen
Gulf. The plant has wet limestone FGD scrubbers from Alstom: these were
the first FGD systems in the country. The stack is 226m tall.
Photograph courtesy of tinypic
Re-posted 22 Aug 2010 |
Toledo New
Location: Cebu
Operator: Kepco Phillipines Corp
Configuration: 3 X 82 MW
Operation: 2011
Fuel: coal
Boiler supplier: Formosa Heavy Industries
T/G supplier: Kawasaki, Toshiba Mitsubishi-Electric Industrial Systems
EPC: Formosa Heavy Industries
Quick facts:In Sep 2004, Mirant announced that it would build a 100-MW CFB at its Sangi plant in Toledo City, Cebu, for $100mn. The project was taken forward by Global Business Power Corp, which completed a trio of 82-MW, CFB coal-fired units at the site in 2011.
Photograph by mmcg968 (flickr)
Posted 30 May 2012
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