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 2023. Buy the profile here.
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 construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by 2023.
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 from 2024. The offtake capacity is expected to be 1,200MW.
First Balfour is expected to render engineering procurement construction services for the gas fired power project.
About Excellent Energy Resources
Excellent Energy Resources Inc (Excellent Energy Resources) focuses on production and distribution of electricity. It is headquartered in Philippines.