Marubeni taking 20% stake in Calaca coal power plant

Japan’s Marubeni Corp. is entering as a strategic partner in the Semirara Mining and Power Corp.-Meralco PowerGen Corp. (MGen) team-up for the 2×350-megawatt coal-fired power plant in Calaca, Batangas estimated to cost as much as $1.4 billion, a Semirara official said. In an interview with reporters, Semirara chairman and CEO Isidro Consunji said Marubeni is…

Calaca plant’s units 3, 4 start commercial operation

A SUBSIDIARY of Semirara Mining and Power Corp. (SMPC) has started the commercial operation of the third and fourth units of its coal-fired power plant in Calaca, Batangas on Aug. 26, the Consunji-led company said. The plant, which is under SMPC’s Southwest Luzon Power Generation Corp., is currently running at a capacity of 140 megawatts…