Pöyry awarded engineering services assignment for EPC Selection of GLEDC's supercritical power plant in the Philippines

Pöyry awarded engineering services assignment for EPC Selection of GLEDC's
supercritical power plant in the Philippines

Global Luzon Energy Development Corporation (GLEDC) has awarded Pöyry with
the owner's engineer assignment for EPC selection for its supercritical
power plant in La Union, Luzon, Philippines.

The 2x300 megawatt coal-fired power plant project will contribute to the
stability in supply of electricity to the country by providing adequate and
reliable power to its customers, encompassing industrial, commercial and
domestic requirements. Such supercritical boilers operate at very high
pressures making it more efficient than standard power plants and directly
leads to reduction of costs and CO2 emissions.

GLEDC is a unit of Global Business Power Corporation (GBPC), one of the
largest independent power producers in the southern region of the
Philippines. GBPC in turn is part of the Metro Pacific Group.

Poyry, as GLEDC's project development partner, will deliver technical
advisory services to assist in developing a solid engineering, procurement
and construction (EPC) contract that will be cost-competitive and reliable.

"We are honored to have been chosen by GLEDC as a consultant for their first
thermal plant in Luzon," said Nicky Gemperle, president of Poyry Energy
Inc., Philippines. "We assure GLEDC of Poyry's continued commitment and
partnership as they expand their operations," added Mr. Gemperle.

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Link to Original Article:
https://globenewswire.com/news-release/2017/06/05/1007941/0/en/P%C3%B6yry-aw
arded-engineering-services-assignment-for-EPC-Selection-of-GLEDC-s-supercrit
ical-power-plant-in-the-Philippines.html

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com