Meralco Power Gen Corp. (MGen) affiliate firm Pacific Light Power Pte Ltd (PLP) on Wednesday announced winning the contract to build power generating units providing Singapore’s Energy Market Authority with 100 megawatts of fast start generation facility by the second quarter next year.
PLP said the facility will ensure uninterrupted power during contingent events in Singapore while also producing low-carbon power generation as a liquefied natural gas (LNG) plant.
“PLP is pleased to be awarded the 25-year fast start contract for a 100 MW, hydrogen ready, gas turbine that can be brought from standstill to full load within 18 minutes… This award marks a significant milestone for our company and we are committed to delivering the project on time and reliably supporting the energy system,” said Yu Tat Ming, PLP chief executive officer, in a statement.
The company said the new capacity will help provide Singapore with ancillary reserves.
PLP operates the 800-MW LNG power plant owned by FPM Power Holdings Ltd., a joint venture between MGen and First Pacific Company Ltd.
Last year, MGen bared the intent to invest at least P18 billion to help boost its renewable energy portfolio.
The company said the investment will cover over 2,000 MW of gross renewable energy capacity from solar and wind sources and pursued in partner with others in the industry.
MGen also said that its another subsidiary, MGen Renewable Energy Inc. plans ramping up its renewable energy capacity to 1,500 MW with investments in more and larger green energy projects, including those with battery energy storage systems.
MGen is Meralco’s subsidiary focused on power generation projects.
