The Energy World Corp., a listed company in Australian, said it would be completing the construction of the final phase of its two projects in Quezon province, the Pagbilao gas-fired power plant and its liquefied natural gas (LNG) terminal hub.
It said it would be completing the power plant projects soon to catch up with the construction works at the New Pagbilao Substation Project of the National Grid Corp. of the Philippines in the province.
The EWC gas-fired power plant was 80 percent done by 2021 but the company decided hold off further construction to await the completion of the NGCP project completion of its switchyard, to which the EWC would interconnect to get to online with the Luzon grid. The NGCP expected four power plants around it to interconnect to the Luzon Grid.
The EWC project in Pagbilao was certified by the DOE In November 2018 as an Energy Project of National Significance.
The EWC said its power plant would churn up 650 megawatt of a combined cycle gas fired power plant in Pagbilao, Quezon. Its LNG Hub terminal would supply the LNG need of the power plant while serving as loading and storage area for LNG supply from the Philippines and Asia.
In September 2016, the Energy Regulatory Commission approved the petition of the NGCP for the construction of its Pagbilao EHV Substation to allow the connection of incoming power plants in Quezon province with a total capacity of 2,720 MW.
It mentioned the four generation to interconnect to this substation: (1) 420 MW Pagbilao Coal-Fired Power Plant (CFPP) Expansion; 2) 500 MW San Buenaventura Power Ltd. Co. (SBPL); 3) 3 x 200 MW Energy World Liquefied Natural Gas (LNG) Power Plant; and 4) 1200 MW Atimonan Coal-Fired Power Plant.