AG&P plans big power plant
Atlantic, Gulf and Pacific Company of Manila Inc. will build a 2,400-megawatt combined cycle gas turbine power plant project inside the PNOC AFC Industrial Estate in Bataan.
AG&P is an industrial process outsourcing company providing fabrication and assembly, modularization and asset management services to the oil and gas, mining, power and civil infrastructure sectors.
The industrial estate, meanwhile, is owned by PNOC Alternative Fuels Corp., formerly known as PNOC Petrochemical Development Corp. until its articles of incorporation was amended on July 13, 2006.
A report from the Energy Department showed the LNG project was one of indicative projects in different stages of development prior to a financial closing.
The report said AG&P was conducting a feasibility on the project and had secured clearance from the Energy Department in June to do a grid impact study.
[The project] is “awaiting for review and approval of conversion of PNOC ECC [environment compliance certificate] from petrochemicals to LNG for power,” the report said.
AG&P plans to start testing and commissioning the first unit with an output of 1,200 MW on October 2016 and the second unit with the same capacity by October 2018.
“AG&P has made major financial commitments to the development of the new power plant project at Bataan, which includes expert third parties to provide... market data for electricity... technical feasibility and initial design studies for the project development... [and] market study on LNG supplies,” the report said.
PNOC AFC president Dante Canlas said AG&P was in talks with another company, which he declined to identify, for an integrated LNG facility at the industrial park. He declined further comments.
“We expect to conclude talks by December,” Canlas said, adding the industrial park had received strong interest from prospective locators from energy, power and related industries.
The industrial Park is located in Mariveles and Limay covering around 530 hectares.
It is strategically located near major ports and industrial growth areas, like the Subic Bay Freeport and the Clark economic zone one to the north, the Bataan Export Processing Zone to the south and the Calabarzon growth area to the southeast.
The facilities of the industrial park include raw and fire water distribution systems, a road network and drainage, power distribution system, and a 1.3-kilometer feedstock pier/jetty with 12-meter deep seas berth.
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