Quezon Power (Philippines), Limited Co. owns and operates the 460MW net coal-fired electric generating facility and the 31-kilometer transmission line in Barangay Cagsiay 1 in the municipality of Mauban, Quezon.

It began commercial operations in May 2000 and to this day continues to deliver power to the Luzon grid through a 25-year power purchase agreement and transmission line agreement with the Manila Electric Co. (Meralco).

Quezon Power is 100% owned by Electricity Generating Public Co. (EGCO) – the first independent power producer (IPP) in Thailand. EGCO was incorporated in May 1992 by Electricity Generating Authority of Thailand (EGAT) and was eventually transformed into a public company in March 1994 with investments in power generation and supply as well as comprehensive energy services providing operation, maintenance, engineering and construction services to power plants and other industries in Thailand and overseas.

Considered a trailblazer in the Philippine power industry, the Quezon Power’s Mauban Power Project is recognized as the first Build-Own-Operate power project in the country and the first one that did not require a sovereign guarantee from the Philippine government.

Quezon Power remains committed to its Sustainable Development Program which helps thousands of residents in Mauban who are beneficiaries of much-needed assistance in the areas of education; livelihood and skills development; health; environmental; infrastructure development; community relations; and host community benefits.

Robust Safety Program

Quezon Power boasts of maintaining an excellent safety record since commercial operations started. The team has developed and maintains written safety procedures, completes annual health and safety training and uses an established behavior-based safety program called STOP to encourage employees to plan and observe all tasks carefully to prevent injury.

Empowered Employees

The company also prides itself on being a world-class facility with first class amenities run by highly skilled workers. To continuously motivate and enhance the productivity of employees, everyone is given responsibility for different aspects of the project that directly impact the well-being of both employees and the project. Senior management created four committees to help operate the plant at optimum level:

  • Health and Safety Committee aims to promote safety as a way of life for all employees, contractors and visitors and to provide a safe working environment;
  • Environmental Committee promotes conservation, preservation, restoration and environmental education among Quezon Power employees and visitors;
  • Wellness Committee promotes the general welfare of the employees by providing better quality of life through improved amenities, facilities and quality service; and
  • Housekeeping Committee reinforces a culture of cleanliness and teamwork at the plant site through regular housekeeping competitions among various employee teams. The competition has resulted in a very positive Image for the plant as one of the cleanest coal-fired power plants in the country.

SAN BUENAVENTURA POWER LTD. CO.

THE FIRST SUPERCRITICAL COAL PLANT IN THE PHILIPPINES

EFFICIENT. RELIABLE. STATE-OF-THE-ART

 

In response to the increased demand for additional power in Luzon, the San Buenaventura Power Ltd. Co. (SBPL) constructed a 500-megawatt power plant in Mauban, Quezon.

SBPL is a partnership between the Meralco PowerGen Corporation (MGen), the power generation arm of the Manila Electric Company (Meralco), which owns a 51% stake; and New Growth BV, a wholly-owned subsidiary of Electricity Generating Public Company Limited (EGCO Group) of Thailand, which owns the remaining 49% stake in the business.

The power facility is the first coal plant in the Philippines to utilize the state-of-the-art supercritical technology that has been proven to increase operational efficiencies and significantly reduce emissions.

The project’s P42.15-billion funding is regarded as the biggest all peso project finance transaction in the Philippines to date, and has been distinguished as the Asia Pacific Power Deal of the Year by the Project Finance International in 2016.