Quezon Power investing P71b in Quezon LNG project
By Alena Mae S. Flores – February 18, 2024, 8:30 pm
from manilastandard.net
Quezon Power (Philippines) Ltd. Co. (QPPL) plans to build a 1,200-megawatt liquefied natural gas (LNG) power plant and an onshore regasification and storage facility in Mauban, Quezon with estimated investments of about P71 billion.
QPPL, owned by Electricity Generating Public Co. (EGCO) of Thailand, also operates the existing 460-MW pulverized coal-fired power plant in Mauban.
QPPL said in documents for public scoping for its environmental compliance certificate submitted to the Department of Environment and Natural Resources that it expects the construction of the San Francisco power plant to begin this year and commercial operations to start by 2028.
The company said the proposed project is an LNG import terminal and combined cycle gas turbine power plant. The San Francisco power plant will use LNG as fuel and fuel oil as back-up.
“The project is intended to provide a steady supply of power in Luzon. It will contribute to meeting the demand for dependable and reasonably priced baseload power supply for the present and in the future,” QPPL said.
“As a result of a greater supply base and lower generation cost, there will be increased trade, and lower electricity costs in the future that will further transform the communities into more developed ones,” it said.
It said it expects to hire at least 1,500 workers and laborers during the 39-month construction period.
The project would connect to the National Grid Corp. of the Philippines (NGCP) through a new dedicated 230 kV transmission line to be installed within the existing 31-km right-of-way transmission line of QPPL and San Buenaventural Power Ltd. (SBPL) to the substation in Tayabas, Quezon.
It is adjacent to QPPL’s 470-MW coal plant and SBPL’s 500-MW supercritical coal-fired power facility which is owned by the joint venture between the affiliates of Meralco PowerGen Corp. and EGCO Group.
QPPL’s submission to the DENR was prepared by GHD Pty Ltd.
