ABOLITZ POWER

END USER NAME: Therma Visayas Energy Project

location: Cebu, The Philippines

EPC COMPANY/CUSTOMER: Hyundai Engineering & Construction

Products:

About The Project:

The plant will deliver power to Visayan Electric Co., Inc. (Veco) and electric cooperatives, as well as to open access customers in Luzon and the Visayas. Customers with energy supply contracts enjoy stable prices in the long term and are essentially protected from the volatility of the Wholesale Electricity Spot Market (WESM).

The Toledo baseload power plant is using the latest circulating fluidized-bed technology (CFB) and best available control technology (BACT) to minimize emissions to world-class levels. It is the second plant in the Philippines to build a “coal dome” to safely store its coal fuel and prevent fugitive dust outside the facility. The plant started construction in 2015, and at its peak, employed around 5,800 people, most of whom came from the host locality.

The facility is a joint venture between Aboitiz Power Corp. and Vivant Corp.Apart from TVI, the first unit of GNPower Dinginin baseload power plant with 668 MW gross capacity is also expected to go online later this year, while the second unit, which also has a gross capacity of 668 MW, is currently targeted for commercial operations in 2020. Once operational, these facilities will boost AboitizPower’s capacity and help address the country’s rapidly increasing demand for reliable and cost-efficient power.