The Luna Coal Fired Power Plant is 670MW coal fired power project. It is planned in Ilocos, Philippines. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2026. Buy the profile here.
The project is being developed by Global Luzon Energy Development and is currently owned by Global Business Power with a stake of 100%.
It is a Steam Turbine power plant.
The project cost is expected to be around $1,500m.
The Coal fired project consists of 2 steam turbines, each with 335MW nameplate capacity.
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2026.
Power purchase agreement
The power generated from the project will be sold to Manila Electric under a power purchase agreement.
Global Luzon Energy Development is expected to perform operations and maintenance for thermal power project.
For more details on Luna Coal Fired Power Plant, buy the profile here.