Manila Electric Plans 1,500-MW Power Plant With Japan Utility
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Manila Electric Co., the power retailer that sold its plants to the Philippine government almost four decades ago, will partner with a Japanese utility to build the Southeast Asian nation’s first natural-gas fired power plant in more than 10 years to help reduce outages.
The proposed 1,500-megawatt plant may be built in the southern part of Luzon island with half the project likely to be completed in late 2016, Chief Operating Officer Oscar Reyes said in an interview at his office on May 24. He declined to name the Japanese company because a feasibility study is still being conducted.