Misamis Oriental power station

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Misamis Oriental power station is an operating power station of at least 405-megawatts (MW) in Villanueva, Misamis Oriental, Northern Mindanao, Philippines with multiple units, some of which are not currently operating.

Location

Table 1: Project-level location details

Plant name	Location	Coordinates (WGS 84)
Misamis Oriental power station	Villanueva, Misamis Oriental, Northern Mindanao, Philippines	8.560966, 124.747758 (exact)

The map below shows the exact location of the power station.

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Unit-level coordinates (WGS 84):

• Unit 1, Unit 2, Unit 3, Unit 4, Unit 5: 8.560966, 124.747758

Project Details

Table 2: Unit-level details

Unit name	Status	Fuel(s)	Capacity (MW)	Technology	Start year	Retired year
Unit 1	operating	coal - unknown	135	subcritical	2016	–
Unit 2	operating	coal - unknown	135	subcritical	2016	–
Unit 3	operating	coal - unknown	135	subcritical	2016	–
Unit 4	permitted	coal - unknown	135	subcritical	2027	–
Unit 5	permitted	coal - unknown	135	subcritical	2027	–

Table 3: Unit-level ownership and operator details

Unit name	Owner
Unit 1	FDC Misamis Power Corp [100.0%]
Unit 2	FDC Misamis Power Corp [100.0%]
Unit 3	FDC Misamis Power Corp [100.0%]
Unit 4	FDC Misamis Power Corp [100.0%]
Unit 5	FDC Misamis Power Corp [100.0%]

Background

FDC Misamis Power Corp., a subsidiary of developer Filinvest, stated in 2013 that it was developing a three-unit coal-fired power plant with a total planned capacity of 405 MW in Misamis Oriental Province. The 405-MW power plant will consist of three units with a capacity of 135 MW each. FDC Misamis said the electricity generated by the first two units of the power plant will be bought by 17 electric cooperatives that serve Misamis Oriental, and other parts of Mindanao. The project is slated to cost P30 billion, or about $700 million.

Environmental permits for the project were granted in May 2013. In October 2013, Filinvest awarded the engineering, procurement, & construction (EPC) contract to First Northeast Electric Power Engineering Corp., a subsidiary of China Energy Engineering Group. Ground was broken on the construction project in November 2013. The company secured financing for the project from four banks in April 2014.

The plant began operating on September 22, 2016, at a ceremony attended by President Duterte.

Proposed expansion

A 2 x 135 MW expansion was proposed for the plant on 8 January 2019 (DOE-EPIMB-SIS No. 2018-12-002). The DOE's list of committed power projects for Mindanao for December 2020 gives a target operation date of December 2024 for the expansion and estimates the total cost at PHP 25.395 billion. The March 2021 DOE report lists a revised target operation date of June 2025. The October 2021 DOE report lists a target date of Dec. 2024 for Unit 1 and Jan. 2025 for Unit 2. The March 2022 DOE report lists a target date of June 2025 for both units.

In August 2022, the target commercial operation was listed as March 2027. The DOE described "limited movement and delay on project implementation, coordination and permitting".As of May 2023, the DOE had not documented any new progress on the two-unit expansion. In June 2023, the DOE continued to list the project for commercial operation in 2027, but had noted the following issues in its development:"Challenges/potential risk in participating in the Competitive Selection Process for the supply requirements of Visayas and Luzon Dus/ECs as the construction of the MVIP by NGCP is still ongoing."

In December 2023 and March 2024, the DOE's most recently updated lists of committed power projects in Mindanao included a note that the project would continue to face challenges participating in Competitive Selection Processes "due to existing limited MVIP transfer capacity following the completion of the MVIP."

Financing

• Unit 1-3: Four unnamed banks (2014)
• Unit 4-5: The DOE's list of committed power projects for Mindanao for December 2020 stated that bank financing was ongoing with 70:30 debt to equity ratio at a total project cost of PHP 25.395 billion. However later reports from DOE did not refer to financing status anymore.

Articles and Resources

Additional data

To access additional data, including an interactive map of coal-fired power stations, a downloadable dataset, and summary data, please visit the Global Coal Plant Tracker on the Global Energy Monitor website.