SMGP unit gets Sual coal plant

Quick Summary:

THE government, through the Power Sector Assets and Liabilities Management Corp.(Psalm), has turned over the 1,200-megawatt (MW) Sual Coal Fired Thermal Power Plant (CFTPP) in Pangasinan to Sual Power Inc.(SPI), a subsidiary of San Miguel Global Power (SMGP).

Located in the municipality of Sual in Pangasinan, the 1,200 MW net coal-fired facility consists of two 600-MW net generating units.

IPPAs are qualified private sector entities that manage the output from the contracts that NPC entered into with the independent power producers.

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Article Details

Author / Journalist: Lenie Lectura

Category: BusinessStartups

Markets: Philippines

Topics: Been Plant Transfer Power Administration Team Sual Agreement Energy Corp Psalm

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-27 @ 16:02:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 536 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23267639

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