, Philippines

Alsons to build 600MW Philippine coal-fired plant

Alsons Consolidated Resources will add 600MW of coal-fired power generating capacity in Mindanao over the next five years.

 

The firm, a member of the Alcantara Group, is seeking a partner to undertake the $280 million power expansion project in the Sarangani province.

ACR chief finance officer Luis Ymson said that the company is likely to tap between Japan's Toyota Tsusho and Thailand's Electricity Generating.

Ymson added that if they could start this year, the plant will be operational by 2014.

ACR will secure a 75% stake in the project while the foreign partner, which will be chosen by next month, will acquire the remaining 25% interest.

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!