Pangasinan being eyed as site for new $2-billion coal-fired power plant
- Oct 18, 2017 8:31 am GMTOct 18, 2017 2:30 pm GMT
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After the successful venture of a 1,200-megawatt coal-fired power plant launched two decades ago, a
This town already hosts Team Energy's 1,200-MW Sual power station, the country's biggest coal-fired power plant, located in Barangay Pangascasan, Sual, which began operating in 1999.
'Our population is growing and we need an additional power plant to serve the people of Luzon, North Luzon and Metro Manila,' the mayor said.
Power rates in
The study says that one major reason other Asian countries have lower electricity prices is that
With this situation, local officials welcome the possible entry of another coal-power plant the way
Arcinue echoed what then-Davao City Mayor Duterte said as he campaigned for the presidency that he saw nothing wrong with the government's plan to put up new coal-fired power plants to boost power supply in the country.
Serving now as the country's chief executive, Duterte said
'At this time, whoever is the president of
Arcinue said that aside from providing hundreds of jobs and millions in extra revenues, a second power plant would ensure stable power supply that is conducive to economic progress and sustainable growth.
'With stable and cheaper electricity we will be able to invite more investors to put up projects and business ventures in Sual and anywhere else in Pangasinan that would mean more jobs and income for our people,' he added.
He said the proposed power plant project dovetails with his vision and that of the provincial government led by Gov.
'Energy City.' Endowed with a clean and deep-blue sea and having been declared as a special economic zone, Sual has become an apple of the eye of several big-ticket investors ranging from power plant and petro-chemical operators to ship repair and airport companies.