Manila Electric Co. (Meralco) on Monday said that power generation arm Meralco Powergen Corp. (MGEN), through PacificLight Power Pte. Ltd. (PLP), had been awarded the right to build, own, and operate a hydrogen-ready combined cycle gas turbine (CCGT) facility on Jurong Island by the Energy Market Authority (EMA) of Singapore.
“PLP’s continuing strong performance in a very competitive power market has enabled us to move forward with this industry-leading project to bring additional clean power to Singapore,” Meralco Chairman and CEO Manuel Pangilinan said.
“The company’s ability to take on a meaningful project such as this cements its place among MGEN’s core holdings,” he added.
The distribution utility said this project would be the largest single H-class CCGT plant in Singapore, with a capacity of at least 600 megawatts (MW). It is expected to start commercial operations by January 2029.
The new plant will add to PLP’s existing 830 MW CCGT facility, which has been operational since 2014.
A 100-MW power plant is currently under construction and scheduled to operate by the second quarter of this year.
Built on a greenfield site, the new plant will include a large-scale battery energy storage system (BESS) and will be the first-ever CCGT unit integrated with such in Singapore.
The plant is said to be capable of using at least 30 percent hydrogen from inception, and burn 100 percent hydrogen in the future depending on market and regulatory demands.
Moreover, its greenfield site is expandable and has the capacity to accommodate a second CCGT.
“This project exemplifies MGEN’s steadfast commitment to innovation, sustainability, and excellence. As we advance with this investment, we are not only addressing Singapore’s growing energy needs but also setting a new standard for integrating efficiency and environmental responsibility in power generation,” MGEN president and CEO Emmanuel Rubio said.
On Monday, Meralco’s share price fell by P3.60 to close at P482.00 apiece.
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