Meralco Power Gen Corp. (MGen), remains interested in developing a baseload power plant in Atimonan, Quezon.
The company is yet to come up with a final decision on whether it would put up a natural-gas fired power plant or a coal-fired power plant as originally planned.
“…Right now, (the company) is licensed, permitted, authorized to do a coal plant. We don’t know yet whether we stay with coal or we switch it to natural gas. The inclination is to stay with coal because if it’s gas, we have to put up the terminal, the re-gas facility…,” Manuel Pangilinan, MGen chairman, told reporters in a corporate event last week.
MGen subsidiary Atimonan One Energy Inc. last year proposed to develop a 4×600 megawatts (MW) natural gas-fired combined cycle gas turbine power plant project in Quezon Province.
But MGen’s 1,200 MW coal-fired power plant especially has secured approvals and permits prior to the imposition of moratorium on coal power plant projects in October 2020.
Emmanuel Rubio, MGen president and chief executive officer, said the company has an environmental compliance certificate for the 1,200 MW coal-fired power plant project.
