Manila Electric Co. to Build The Philippines' Largest Natural Gas Power Plant
Manila Electric Co. is set to build the Philippines first natural-gas power plant in more than 10 years.
Partnering with a Japanese utility, Manila Electric will construct a 1,500-megawatt plant in the southern part of Luzon island. The company estimates the project will be complete by 2018. Comprised of four generation units of 375-megawatts each, Manila expects to have the first two units operational by 2016.
In an interview with Bloomberg, Chief Operating Officer Oscar Reyes said, "We're building our own generation portfolio to contribute to the issue of adequate power and help control prices."
The Philippines, like many Asian nations, has seen its energy demand skyrocket. However, with energy infrastructure yet to catch up to demand, power outages are not uncommon. Constructing power plants, such as this natural gas project, will help eliminate the country's dependence on generators to supply electricity.
The Philippines' largest power plant is a 1,200-megawatt natural gas power plan in Batangas.
Read the full story at Bloomberg: Manila Electric Plans 1,500-MW Power Plant With Japan Utility
Image credit: Preetam Rai via Flickr
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