(The Philippine Star) | Updated March 3, 2014 - 12:00am
MANILA, Philippines - SN Aboitiz Power Corp., a joint venture of SN Power of Norway and the Aboitiz Group’s Aboitiz Power Corp., expects to complete the refurbishment of the 360-megawatt Magat hydropower plant in June, a ranking official said.
“We are on the last unit of the Magat refurbishment. We expect that to be running early June or earlier than that. After this unit is completed, the whole Magat facility has gone half-life refurbishment, something which has not been done in the 25 years that the plant has been operating under Napocor so once this unit is done it’s all completely new Magat,” said SN Aboitiz president Emmanuel Rubio.
SN Aboitiz Power owns the 360-MWt Magat hydro power plant.
It earlier applied with the Energy department for a renewable energy service contract covering the 115 MW Magat expansion.
Rubio said that once the DOE approves the service contract for the Magat expansion, the company covered proceed with project implementation.
“The application for expansion of Magat is still pending with the DOE,” Rubio said.
The expansion, in particular, involves the installation of a pump storage for 115.
The company had earlier successfully rehabilitated all four units of the Binga hydro power plant in Itogon, Benguet, which the company won in 2007 with a bid of $325 million.
The Binga plant, constructed in 1956 and commissioned in 1960, had been operating for almost 50 years. SNAP-Benguet acquired the facility in 2008, along with its sister facility, Ambuklao, through the government’s privatization program.
SN Aboitiz has so far a total capacity of 617 MW, which is expected to grow in the coming years with some expansion plans in the pipeline.
SN Power is a global renewable energy company established in 2002 as a Norwegian limited company. source
“We are on the last unit of the Magat refurbishment. We expect that to be running early June or earlier than that. After this unit is completed, the whole Magat facility has gone half-life refurbishment, something which has not been done in the 25 years that the plant has been operating under Napocor so once this unit is done it’s all completely new Magat,” said SN Aboitiz president Emmanuel Rubio.
SN Aboitiz Power owns the 360-MWt Magat hydro power plant.
It earlier applied with the Energy department for a renewable energy service contract covering the 115 MW Magat expansion.
Rubio said that once the DOE approves the service contract for the Magat expansion, the company covered proceed with project implementation.
“The application for expansion of Magat is still pending with the DOE,” Rubio said.
The expansion, in particular, involves the installation of a pump storage for 115.
The company had earlier successfully rehabilitated all four units of the Binga hydro power plant in Itogon, Benguet, which the company won in 2007 with a bid of $325 million.
The Binga plant, constructed in 1956 and commissioned in 1960, had been operating for almost 50 years. SNAP-Benguet acquired the facility in 2008, along with its sister facility, Ambuklao, through the government’s privatization program.
SN Aboitiz has so far a total capacity of 617 MW, which is expected to grow in the coming years with some expansion plans in the pipeline.
SN Power is a global renewable energy company established in 2002 as a Norwegian limited company. source
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