The SMC Batangas LNG Combined Cycle Power Plant is 1,313.1MW gas fired power project. It is planned in Calabarzon, Philippines. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in November 2024. Buy the profile here.
Description
The project is being developed and currently owned by Excellent Energy Resources. The company has a stake of 100%.
It is a Combined Cycle Gas Turbine (CCGT) power plant.
The project cost is expected to be around $600m.
Development status
The project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by November 2024.
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, starting from 2024.
Contractors involved
First Balfour is expected to render engineering procurement construction services for the gas fired power project.
For more details on SMC Batangas LNG Combined Cycle Power Plant, buy the profile here.
About Excellent Energy Resources
Excellent Energy Resources Inc (Excellent Energy Resources) focuses on production and distribution of electricity. It is headquartered in Philippines.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
