The Sta. Maria Power Plant is 1,200MW 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 permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2025. Buy the profile here.
Description
The project is being developed and currently owned by First Gen. 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 $1,675.8m.
Development status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2025.
For more details on Sta. Maria Power Plant, buy the profile here.
About First Gen
First Gen Corp (First Gen) a subsidiary of First Philippine Holding Corporation is a producer and distributor of electric power. It undertakes activities such as power generation, power distribution, infrastructure, manufacturing and property development. The company together with the subsidiaries owns and operates power generation plants that are predominantly contracted for sale under long-term power purchase agreements or other energy sales agreements. The company operates natural gas-fired power plant, hydroelectric power plants and geothermal power plants. First Gen generates electricity by utilizing various sources of energy including natural gas, hydro, geothermal steam, wind and solar. The company serves customers across Philippines. First Gen is headquartered in Pasig, 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.
