PRIVATE SECTOR INITIATED POWER PROJECTS (MINDANAO) As of 5 November 2012
Committed / Indicative
Name of the Project
Project Proponent
Rated Capacity (MW)
Location
COAL
1
Target Commissioning
200
Various permits obtained; BDO, DBP, RCBC and UCPB have obtained their respective pre-clearances to enter into the transaction; Power Sales Agreement for 70MW between Sarangani Energy Corporation and South Cotabato II Electric Cooperative, Inc (SOCOTECO II) was executed on June 3, 2011; Issuance of Notice to Proceed to the EPC Contractor is scheduled on March 2012; Project cost $450M; Testing and commissioning will commence 29 months after Notice to Proceed; Commercial operation will commence 35 months after issuance of Limited Notice to Proceed.
2014
Q2 2014
920.00
2 X 100 MW Southern Mindanao Coal Fired Power Station
Committed
Project Status
Sarangani Energy Corporation (formerly Conal Holdings Corp.)
Maasim, Sarangani
300
Project cost Php24B; Secured right to land; Secured permits for site development works; Self-funded with on-going negotiation with financial institutions; various permits obtained; EPC contract awarded to Black and Veatch on June 2012; Secured SEC, BIR, BOC, BOI, ECC permits; LGU/Sangguniang Panlalawigan Davao City Reclassification already granted and issued on 12 Dec. 2011; On-going site preparation works; Site development works by 3rd Qtr. of 2012; Target commercial operation is Q1 2015
2
Committed
2 X 150 MW CoalFired Therma South Energy Project
Therma South Inc. (Aboitiz Power Corporation)
Brgy. Binugao, Toril, Davao City and Brgy. Inawayan, Sta. Cruz, Davao Del Sur
3
Indicative
Steag Expansion Project
Steag State Power Corp.
Phividec, Misamis Oriental
200
On-going feasibility study; on-going discussions with NPC/PSALM regarding the common facilities
December 2014
4
Indicative
ZAM 100 MW Circulating Fluidized Bed (CFB) CoalFired Power Station
San Ramon Power Inc.
San Ramon, Zamboanga City
100
On-going securing permits; DENR had issued ECC in April 2012; ongoing marketing. Project cost is $280M
Q3 2015
5
Indicative
Davao del Norte 20 MW Circulating Fluidized Bed Biomass-Coal Fired Thermal Power Plant
FDC Utilities, Inc. (FDCUI)
Maco, Davao del Norte
20
Awaiting approval of sale from ERC on proposed plant connection at DANECO 69/13.2kV Canocotan Substation; On-going of securing of permits; Project cost is Php4.8B
Q1 2015
6
Indicative
Sibuguey Power Plant Project
Philippine National Oil Company (PNOC-EC)
Sibugay, Zamboanga
100
Technical and economic feasibility study was completed in July 2011; Eligible bidder for Transaction Advisor on 8 August 2012; On-going bid precessing for the EIS consultancy leading to ECC application and other permits
2016
PRIVATE SECTOR INITIATED POWER PROJECTS As of 25 October 2012 Name of the Project
Project Proponent
Location
Rated Capacity (MW)
COAL
1,190.00
1
140MW Petron Coal
Petron Corporation
Limay, Bataan
140
2
600 MW Coal SMC Global Power Holdings Corp.
SMC Global Power Holdings Corporation
Leyte
600
3
150MW Coal SMC Global Power
SMC Global Power Holdings Corporation
Panay
150
4
300MW SMC Global
SMC Global Power Holdings Corporation
Malita, Davao del Sur
300
Electric Industry Power Structure Generation
Transmission
Distribution
IPPs
National Transmission Corporation (NTC)
Private Utilities Government-owned Utilities and Electric Cooperatives
NPC Spin-off Generation Companies Co-Generators Self-Generators
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