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SUNDAY, 01 MAY 2011 17:43 PAUL ANTHONY A. ISLA
SEM-CALACA Power Corp. plans to double the existing capacity of its 600-megawatt (MW) Calaca coal-fired power plant in Batangas.
Nestor Dadivas, SEM-Calaca director, told reporters that the expansion of the Calaca power plant will be implemented in two phases. The first phase will initially involve the construction of two 150-MW coal-fired units. The company, Dadivas said, is eventually looking at installing four 150-MW units to expand the existing capacity of the Calaca coal-fired power plant. “We hope to break ground within the year,” he added. The expansion will be funded through financing agreements.
The Calaca facility consists of two 300-MW generating units and is primarily designed to run as a baseload plant and designed to use local coal from Semirara Mining Corp., a subsidiary of parent company DMCI Holdings Inc. (DMCIHI).
In July 2009, DMCIHI acquired the Calaca facility in a bidding held by the Power Sector Assets and Liabilities Management Corp. (Psalm). It has been allocated a substantial 287-MW power supply contract, or about 48-percent of the plant’s rated capacity.
Psalm said Calaca will provide the new owner a ready market for the electricity that the power plant will generate. The Manila Electric Co. will assume the biggest portion of the contracted energy, which is equivalent to 169 MW.
Sem-Calaca Power is 100-percent owned by Semirara. It was incorporated on November 19, 2009 aimed primarily to acquire, expand and maintain power-generating plants, develop fuel for generation of electricity and sell electricity.
(Paul Anthony A. Isla)
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