Batangas Bay power station

From Global Energy Monitor

Batangas Bay power station is a proposed 300-megawatt (MW) coal-fired power station by Magellan Utilities Dev Corp. (MUDC) for Batangas Bay, the Philippines.

Location

The map below shows Batangas Bay, the Philippines, the site of the proposed plant.

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Background on Plant

The station is planned for the south shore of Batangas Bay, and will sell power to Manila Electric Company (MERALCO). The project is expected to start commercial operation after a three year construction period, planned to begin in 1998.[1]

F & J Prince Holdings Corporation reports that it is a holding company whose holdings include Magellan Capital Holdings Corporation (MCHC). According to a report on the F & J Prince Holdings Corporation website, the Batangas Bay power station has been shelved:[2]

Magellan Utilities Development Corporation (MUDC) is an MCHC project company developing a 320 MW Power Project in Pinamucan, Batangas. MCHC directly owns 43% of MUDC. GPU Power Philippines, Inc., a unit of GPU Corporation (GPU), former U.S. parent company of the Manila Electric Company (MERALCO), owns 40% of MUDC. The MUDC project has been shelved due to problems perfecting its power supply agreement with Meralco.

With no further developments after two years, the project appears to be abandoned.

Timeline

  • 1996 - proposed
  • 1998 - construction to begin
  • 2001 - project planned for completion
  • 2014 - project shelved[2]

Project Details

  • Sponsor: Magellan Utilities Dev Corp. (MUDC)
  • Parent: Magellan Capital Holdings Corporation (MCHC) and GPU Power Philippines
  • Location: Pinamucan, Calabarzon
  • Coordinates: 13.716667, 121 (approximate)
  • Status: Cancelled[2]
  • Gross Capacity: 300 MW
  • Type:
  • Projected in service:
  • Coal Type:
  • Coal Source:
  • Source of financing:

Articles and resources

References

  1. "GPU International Joins Magellan Group in Philippine Coal-Fired Project," PR Newswire, Oct 28, 1996.
  2. 2.0 2.1 2.2 "Investee Companies," F & J Prince Holdings Corporation website, accessed March 2014

Related GEM.wiki articles

External resources

External articles