Philippines: ERC gives Semirara its COC for operation
THE ENERGY REGULATORY COMMISSION (ERC) HAS GIVEN SEMIRARA MINING AND POWER
CORP. ITS CERTIFICATE OF COMPLIANCE (COC) AS ITS GO SIGNAL FOR OPERATION.
The COC allows the Southwest Luzon Power Generation Corp. (SLPGC)-operated
plant to run at full capacity from May 15, 2017 to May 11, 2021.
The coal producer will be operated at 2×150-megawatt (MW) in Calaca,
Batangas.
All generation companies have a mandatory requirement of a COC approval
before their full-on operation.
In between its process of consent, SLPGC has started subsidizing revenues to
Semirara due to its commendable rates. More so, the company is set to
contribute 25 percent more this year to Semirara.
Since its commencement, the SLPGC plant started its operations at 140 MW per
unit in line with the agreement with the Provisional Authority to Operate
promulgated by the ERC.
Semirara also put out $160 to $190 million for the aging plant's
rehabilitation to be able to operate at full capacity with fewer carbon
discharges once the agreement has been settled.
The Consunji Group won the auction for the Calaca plants in July 2009 with
its bid of $362 million.
The plant is currently operating at 500 MW nominal capacity and is directed
to run up to 600 MW.
SLPGC is also set to have another expansion as a product of a joint venture
between Semirara and Meralco Powergen Corp.— a 2×350 MW coal-fired power
plant under St. Raphael Power Generation Corp. This project will also be
done with a third partner, Japan's Marubeni Corp., which will take in 20
percent of the total income.
ERC's COC is also responsible for the approval of numerous government
agencies including the Department of Environment and Natural Resources
(DENR).
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Link to Original Article:
http://powerphilippines.com/2017/06/13/erc-gives-semirara-coc-operation/
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John Diecker
APT Consulting Group Co., Ltd.
www.aptthailand.com
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