DMCI Power Corp., a subsidiary of the Consunji-led DMCI Holdings Inc., is eyeing to build three small coal-fired power facilities in Masbate, Palawan and Mindoro, which can generate a combined 75 megawatts.
Caterpillar Inc. and Altaaqa Global, a new subsidiary of the Zahid Group, signed an international power projects (IPP) agreement to provide multi-megawatt temporary power solutions around the world, supported by partnerships within the worldwide Cat® dealer network.
Manila Electric Co., the Philippines’ biggest power distributor, is planning to build power plants in neighboring countries such as Myanmar, Vietnam and Thailand as it moves to expand its power-generation business abroad.
Tycoon John Gokongwei Jr. has announced plans to put up power and ethanol plants on Negros Island.
PNOC Exploration Corp. is seeking joint-venture partners to speed up the construction of two critical coal-fired power plants that can add a combined 200 megawatts to the Luzon and Mindanao grids.
Conglomerate San Miguel Corp. targets to push forward this year plans to list its power-generation unit and to start mobilizing resources to put up coal-fired power plants in Luzon and Mindanao.
Manila Electric Co. plans to break into the Mindanao power generation industry via selective projects fueled by either coal or natural gas, aiming to build a southern Philippine portfolio with capacity of between 135 and 300 megawatts.
State-run Power Sector Assets and Liabilities Management Corp. will start bidding out in 2014 contracts to manage five power facilities in Mindanao, which can generate a total of 440 megawatts of electricity.
Meralco PowerGen Corp., the power generation arm of Manila Electric Co., is looking to build power facilities that can generate 2,700 megawatts in additional capacity for the Luzon grid in five years’ time.
At least six South Korean power firms, including giants like Korea Electric Power Corp., have separately expressed interest to partner with PNOC Exploration Corp. to put up two coal-fired power plants worth $400 million, or roughly P17 billion.
The Consunji-led DMCI Power Corp. plans to put up three power-generation facilities in Palawan within the next several years to generate as much as 57 megawatts in additional capacity for the province.
The state-run Power Sector Assets and Liabilities Management Corp. (PSALM) on Tuesday said it was confident it could bid out the contracted capacities of two independent power producers by the fourth quarter this year.
