Coal-Fired Power Plants in the Philippines
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

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.

Photograph courtesy of Power
Re-posted 16 Oct 2011

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

Location: Cebu
Operator: Power Sector Assets and Liabilities Management Corp (PSALM)
Configuration: 1 X 50 MW, 1 X 55 MW
Operation: 1981-1986
Fuel: lignite, fuel oil
Boiler supplier: Stein, Biro
T/G supplier: SGP, Elin
EPC: Doosan, Biro
Quick facts: In 1996, Salcon Power Corp from Singaporesecured a 15yr contract to overhaul and operate NPC’s Naga City-1 plant in Barrio Colon, Cebu. In Mar 2012, at the completion of the contract plus an extension, SPC turned the plant back over to NPC. PSALM has been trying to divest the plant ever since. SPC was retained as plant operator.

Photograph courtesy of
Posted 28 Aug 2013

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 courtesy of
Re-posted 11 May 2014

Location: Quezon
Operator: TeaM Energy Corp
Configuration: 2 X 367 MW
Operation: 1996
Fuel: subbituminous 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

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
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

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

Location: Calaca
Operator: Trans-Asia Oil and Energy Development Corp
Configuration: 2 X 150 MW
Operation: 2015-2016
Fuel: bituminous coal
Boiler supplier: Dongfang
T/G supplier: Harbin
EPC: DMCI, Heilongjiang Power Construction No 1 Co
Quick facts: This CFB power plant is a joint venture between Trans-Asia Oil & Energy Corp of the Phinma group and AC Energy Holdings Inc of the Ayala group. The first unit was completed in the Q1, 2015 and declared commercial on 24 Apr 2015.

Photograph courtesy of Trans-Asia Oil and Energy Development Corp
Posted 16 May 2015

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 Alstom wet limestone FGD scrubbers, the first FGD systems in the country. The stack is 226m tall.

Photograph courtesy of tinypic
Re-posted 22 Aug 2010

Therma South Phase I
Location: Calaca
Operator: Aboitiz Power Corp
Configuration: 2 X 150 MW
Operation: 2015-2016
Fuel: subbituminous coal
Boiler supplier: Formosa Heavy Industries
T/G supplier: Fuji
EPC: Black & Veatch and Leighton Contractors (Philippines) Inc
Quick facts: In Jul 2012, a subsidiary of Aboitiz Power signed contracts worth $546mn for the Therma South CFB TPP in Brgy Inawayan, Sta Cruz, Davao del Sur, and adjacent Davao City. Design fuel is subbituminous coal from Kalimantan and the dome coal storage facility is the first in SE Asia. The stack is 150m tall. The first unit synchronized in Jun 2015 and went commercial in Sep 2015. TSI’s initial 300-MW capacity has been contracted to about 20 electric coops and three discos in Mindanao, two of which are AboitizPower subsidiaries in Davao and Cotabato.

Photograph courtesy of
Posted 19 Sep 2015

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


Data: industcards, Platts UDI World Electric Power Plants Data Base

Updated 19-Sep-2015