Finnish firm completes contract for Iloilo power plant | Inquirer Business

Finnish firm completes contract for Iloilo power plant

/ 05:13 AM November 26, 2018

Finnish firm Pöyry PLC has wrapped up engineering works for a coal-filed power plant in Iloilo province related to the 150-megawatt expansion project of Panay Energy Development Corp. (PEDC).

In a statement, Poyry said it had received from PEDC the final acceptance certificate for completing the engineering, procurement and construction assignment for the fuel handling system of the generator that uses circulating fluidized bed (CFB) technology.

The contract also covered the design, and commissioning of the power plant using Poyry’s proprietary technology.

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This consists of a jetty extension, conveying system from the jetty to the coal storage building, the conveying system from the coal storage building to the crusher building and the construction of an 80,000-ton capacity coal handling storage building.

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Peter Heinzelmann, senior vice president for project management at Pöyry, said the project was delivered “on time, to the quality required, and well below the budget.”

“Executing the project [using] an EPC Open Book System was a good decision, making way for an all-win situation,” Heinzelmann said. “The cost-efficient methodology used in building the power plant will make way for lower power costs, for the benefit of consumers and end-users.”

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PEDC, a unit of Global Business Power Corp. (GBP), is operating its facility at 314 MW using CFB combustion technology that it describes as minimizing emissions through limestone injection and low combustion temperature.

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GBP is a joint venture among Beacon PowerGen Holdings Inc. (56 percent), JG Summit Holdings Inc. (30 percent) and Meralco PowerGen (14 percent).

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In September, GBP said its self monitoring report covering the first eight months of 2018 showed that the Iloilo plant, along with another power asset in Cebu, continued to be compliant with government emission standards.

Citing self-monitoring reports submitted to the Environment Management Bureau, GBP said PEDC reported that its emission levels of SOx (sulfur oxides), NOx (nitrogen oxides), PM (particulate matter) and CO (carbon monoxide) were lower than the mandated thresholds by as much as 98.5 percent.

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GBP said such thresholds, set by the Department of Environment and Natural Resources, stand at 700 milligram per normal cubic meter for SOx, 1,000 mg/NCM for NOx, 150 mg/NCM for PM and 500 mg/NCM for CO. —RONNEL W. DOMINGO

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TAGS: Business, Panay Energy Development Corp. (PEDC)

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