The Batangas Floating Power Plant is 506MW gas fired power project. It is planned in Calabarzon, Philippines. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in January 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Thermal | 506 | – | 506 | Permitting | Calabarzon, Philippines | Vires Energy |
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Description
The project is being developed and currently owned by Vires Energy.
It is a gas turbine power plant.
The project cost is expected to be around $741m.
Development Status
The project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by January 2023.
Contractors Involved
Siemens Energy will be the turbine supplier for the Gas fired project. The company is expected to supply Trent 60 WLE ISI model gas turbines 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.
