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Coal-Fired Power Plant Masinloc Power Station Expansion Project Under Construction Project type Coal-fired power plant Location Masinloc, Zambales Output 315 MW x 3 Cost US$1.2 billion Source of funds Private Proponent SMC Global Power Start of Construction March 2016 (Unit 3), TBA (Unit 4 and 5) Status Active Start of Operations Jan 2021 (Unit 3), TBA (Unit 4 and 5) Photo source: POWER Magazine Project Description: Developments The project involves the construction of 3 x 315 MW units to increase the • February 2021: SMC Global power announced the development existing capacity of the Masinloc Power Station in Zambales, west coast of another 315 MW unit that will utilize supercritical technology. of Luzon. The initial plan was to build two additional units but on February • January 2021: Unit 3 in operation and Unit 4 in pre-permit stage. 2021, SMC Global Power announced that it would construct another 315 • January 2020: Unit 3 in testing and commissioning stage. MW unit with supercritical power technology. • December 2018: Construction of Unit 3 completed. • August 2016: US firm POWER Engineers selected as engineering The existing plant was built by the GPH National Power Corporation in contractor of the project. 1998. It was acquired by the US firm AES in 2008 and was sold to San • March 2016: Groundbreaking ceremony. Miguel Global Power in 2018. Updated on February 19, 2021 San Buenaventura Power Plant Operational Project type Coal-fired power plant Location Mauban, Quezon Output 455 MW Cost PhP56 billion Source of funds Private Proponent San Buenaventura Power Start of Construction 2015 Status Active Start of Operations September 2019 Photo source: ABS-CBN News Project Description: Developments • September 2019: Project started commercial operation. The San Buenaventura Power Plant is the second unit of the • December 2015: Start of construction. EPC contract jointly Quezon Power Station on the east coast of Luzon. It is the awarded to Daelim Industrial and Mitsubishi Corporation. first supercritical coal-fired plant in the country. • May 2015: ERC approved a 20-year power supply agreement between Meralco and San Buenaventura San Buenaventura Power Ltd. Is a partnership between Power. Meralco Power Gen and the EGCO Group of Thailand. Updated on September 30, 2019 Redondo Peninsula Energy Power Plant Under Development Project type Coal-fired power plant Location Subic, Zambales Output 300 MW x 2 Cost PhP50 billion Source of funds Private Proponent Redondo Peninsula (RP) Energy Start of Construction pending Status Active Photo source: First Gen Corporation Start of Operations pending Developments Project Description: • May 2019: The Supreme Court invalidated the project’s PSA with Meralco because it had not gone through CSP further delaying the development of the plant. The proposed project is a two 300 MW circulating-fluidized bed • April 2019: RP Energy defers project for a year due to permitting coal-fired power plant in Redondo Peninsula in Subic, Zambales and site stability issues. that was initiated since 2007. • January 2018: EPC contract lapsed due to failure to complete PSA. RP Energy is a joint consortium between MeralcoPowerGen., • October 2016: EPC contract awarded to Azul Torre Construction Therma Power, and Taiwan Cogeneration International. and Doosan Heavy Industries and Construction. Updated on May 31, 2019 GNPower Dinginin Supercritical Coal-Fired Power Plant Under Construction Project type Coal-fired power plant Location Mariveles, Bataan Output 668 MW x 2 Cost US$1.7 billion Source of funds Private Proponent GNPower Dinginin Start of Construction Sept. 2016 (Unit 1), May 2020 (Unit 2) Status Active Start of Operations 2Q 2021 (Unit 1), 3Q 2021 (Unit 2) Photo source: AboitizPower Developments Project Description: • January 2021: Construction and testing for both units continue to The GNPower Dinginin project is a joint venture between face delays due to the pandemic. • November 2020: Unit 1 undergoes grid synchronization and Aboitiz Power’s ThermaPower, Ayala-owned AC Power, and testing and commissioning. Naurian-American Power Partners Ltd. • May 2020: Start of construction for Unit 2. • August 2019: Unit 2 EPC contract finalized. It will generate an additional 1,336 MW to the existing 600 • June 2019: Construction for Unit 1 completed. MW coal-fired plant in Mariveles. • September 2016: Start of construction for Unit 1. Updated on January 10, 2021 Atimonan One Energy Power Plant Under Development Project type Coal-fired power plant Location Atimonan, Quezon Output 600 MW x 2 Cost US$3 billion Source of funds Private Proponent Atimonan One Energy Start of Construction pending Status Active Start of Operations Pending Photo source: powerphilippines.com Project Description: Developments • August 2019: ERC granted Meralco’s PSA withdrawal request. The project will provide power by generating electricity from a highly • June 2019: Meralco filed for withdrawal of PSA application. efficient thermal power station using ultra supercritical technology. Atimonan One Energy is a wholly-owned subsidiary of Meralco PowerGen • May 2019: The Supreme Court disapproved the project’s PSA Corporation of Meralco. with Meralco and ordered for a competitive selection process. Delays in securing regulatory‐approved PSA (more than 2 years), including Supreme Court decision in May 2019 which effectively nullified the project’s previously negotiated PSA, contributes to further push back to its construction schedule. Updated on August 8, 2019 Pagbilao (Unit 3) Expansion Project Operational Project type Coal-fired power plant Location Pagbilao, Quezon Output 420 MW Cost US$1 billion Source of funds Private Proponent Pagbilao Energy Start of Construction August 2017 Status Operational Start of Operations May 2018 Photo source: Daelim Industrial Developments Project Description: • May 2018: Project completes testing and commissioning stage The 420 MW Pagbilao Unit 3 Power Project is an expansion of the 735 MW and started commercial operation. Pagbilao Power Station, which has been operating since 1996. • August 2017: Start of construction. EPC contract awarded to The existing station was built by Hopewell Holdings of Hong Kong. It was then Daelim Industrial and Mitsubishi Hitachi Power Systems. acquired by Southern Electric of U.S. (1997-2000), Mirant Philippines (2001-2007), and TeaM Energy in 2007. Pagbilao Energy Corp. is a joint venture between TeaM Energy (a partnership between Tokyo Electric Power Company and Marubeni Corporation) and AboitizPower. Updated on May 15, 2018 Mindanao-Visayas Interconnection Under Construction Project type Power grid connection Location Cebu and Lanao del Norte Capacity 450 MW Cost PhP 52 billion Source of funds Private Proponent NGCP Start of Construction 2018 Status Active Photo source: National Grid Corporation of the Philippines (NGCP) Start of Operations December 2021 Developments Project Description: • September 2020: NGCP announced that project will be delayed by one year to due to movement restrictions caused by the pandemic. • December 2019: Acquisition of tower sites and road right-of-ways on-going. The Mindanao-Visayas Interconnection Project (MVIP) will connect the Visayas • September 2019: Santander cable terminal station completed. and Mindanao power grids as part of the long-standing plan for a unified • November 2018: Groundbreaking ceremony. Philippine grid to allow Mindanao to participate in the Wholesale Electricity • May 2018: DOE classified MVIP as an energy project of national significance. Spot Market. • July 2017: ERC grants provisional authority to NGCP to implement the MVIP. • 2010-2016: Aquino administration studies alternative routes. Selects Cebu-Lanao Considered the biggest power infrastructure project in the country, the project • 1998: Luzon and Visayas grids were interconnected. involves the installation of 184 circuit-kilometers of submarine cables and 422 • 1984: TRANSCO recommends a $500 million connection of Mindanao grid to the circuit-kilometers of overhead wires to connect the Lala Converter Station, national grid. Lanao del Norte to the Dumanjug Converter Station, Cebu. Updated on December 4, 2020 GNPower Kauswagan Under Construction Project type Coal-fired power plant Location Kauswagan, Lanao del Norte Output 135 MW x 4 Cost US$2.5 billion Source of funds Private Proponent GNPower Kauswagan Start of Construction 2015 Status Active Start of Operations December 2019 (Unit 1,2,3), TBA (Unit 4) Photo source: GNPower Developments Project Description: • March 2021: AC Energy to sell 100% of its ownership interest to Power Partners Ltd. GNPower Kauswagan is a four-unit coal-fired power plant located in • December 2020: Testing and commissioning for Unit 4. • December 2019: Units 1, 2, and 3 starts operations. Lanao del Norte, Mindanao. Once completed, it will be a baseload • August 2019: Construction of units 1, 2, and 3 completed. Construction of Unit 4 plant to support power demand throughout Mindanao. starts. • June 2016: GNPower awarded EPC contracts to Shanghai Electric Power Construction, Inc. and Shanghai Electric Power Construction Philippine In March 2021, AC Energy announced that it will sell 100% of its Corporation. ownership interest of the project to Power Partners Ltd. Co. • September 2015: NTP certificate was issued to GNPower. Updated on March 9, 2021 EWC Pagbilao LNG Terminal Under Construction Project type LNG hub terminal Location Pagbilao Grande Island, Quezon Capacity 3 MTPA Cost US$900 million Source of funds Private Proponent Energy World Corporation (EWC)
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