The Sta. Joseph Power Plant is 600MW gas fired power project. It is planned in Calabarzon, Philippines. The project is currently in permitting 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 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Thermal | 600 | – | 600 | Permitting | Calabarzon, Philippines | First Gen |
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Description
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The project is being developed and currently owned by First Gen.
It is a combined cycle gas turbine (ccgt) power plant.
The project cost is expected to be around $591.24m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by 2023.
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. 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.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
