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November 30, 2021

Atimonan One Energy Power Plant, Philippines

By Carmen

The Atimonan One Energy Power Plant is 1,200MW coal fired power project. It is planned in Calabarzon, Philippines. The project is currently in permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in September 2025.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Thermal 1,200 1,200 Permitting Calabarzon, Philippines Atimonan One Energy

Description

The project is being developed and currently owned by Atimonan One Energy.

It is a steam turbine power plant that will be used for Baseload.

The project cost is expected to be around $3,302.28m.

Development Status

The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by September 2025.

Power Purchase Agreement

The power generated from the project will be sold to Manila Electric under a power purchase agreement for a period of 20 years. The offtake capacity is expected to be 1,200MW.

Contractors Involved

Atimonan One Energy and ESB International are expected to be contracted for rendering of operations & maintenance services for the project.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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