The SMC Batangas LNG Combined Cycle Power Plant is 1,313.1MW gas fired power project. It is planned in Calabarzon, Philippines. The project is currently in announced 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 2024.
|Project Type||Total Capacity (MW)||Active Capacity (MW)||Pipeline Capacity (MW)||Project Status||Project Location||Project Developer||Thermal||1,313.1||–||1,313.1||Announced||Calabarzon, Philippines||SMC Global Power Holdings|
The project is being developed and currently owned by SMC Global Power Holdings.
It is a combined cycle gas turbine (ccgt) power plant.
The project cost is expected to be around $600m.
The project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by 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.
About SMC Global Power Holdings
SMC Global Power Holdings Corp (SMC), a subsidiary of San Miguel Corp, generates and trades electricity in the Philippines. It generates electricity from coal, natural gas, and hydro sources. The company is also involved in the supply of retail power; provision of power-related services; and coal mining activities. It sells, retails, and distributes power through power supply, retail supply, concession, and other power-related service agreements, and directly to other generators, distribution utilities, electric cooperatives, and industrial customers, or through the Philippine Wholesale Electricity Spot Market. SMC is headquartered in Mandaluyong, the Philippines.
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