Panasia Energy Inc. received clearance from the Department of Energy to proceed with a grid impact study on its planned 638-megawatt liquefied natural gas combined cycle power plant in Limay, Bataan. Read more👇
Panasia, a subsidiary of Millenium Energy Inc., won the bidding for the government’s 139,054-square-meter property in Barangay Luz and Barangay Kitang II in Limay, Bataan with an offer of P1 billion in November last year.
The project is one of the eight power generation projects approved by DOE as of February, with clearance to conduct the study on the impact of integrating their respective projects to the national power grid. The results of the grid impact study to be conducted by grid operator National Grid Corp. of the Philippines will determine if the power projects can operate reliably and with efficient cost.
Other projects that were also approved for the study are the 555-MW Sapang Balen solar project of Sapang Balen Solar Sustainable Energy Corp. in Pampanga and Tarlac; the 250-MW Gened 2 hydro power plant of Pan Pacific Renewable Power Phils. Corp. in Kabugao, Apaya; and the 180 MW multi-fuel gas turbine of Millenium tat the Navotas Fishport Complex in Navotas City.Also included are the solar projects of PV Sinag Power Inc.
The DOE approved in January the application of five power projects to conduct a grid impact study. These include Cleantech Global Renewables Inc.’s 150-MW Tayabas wind project in Quezon; PV Sinag’s 124-MW Laguna Lake floating solar project; PAVI Green Renewable Energy Inc.’s 36-MW San Vicente solar project in Camarines Norte; Caraga Wind Energy Corp.’s 36-MW wind project in Surigao del Norte; and Samal Solar Renewable Energy Corp.’s 57.57-MW solar project in Samal, Bataan.
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