, Philippines

Thermal plant be built by AC Energy JV in Batangas

AC Energy Holdings has formed a joint venture with Trans-Asia Oil and Energy Development to build and operate a 135MW thermal power plant in Batangas, the Philippines.

The PHP12 billion or $275 million project will be equipped with circulating fluidised bed boiler technology and can run on coal and other fuels.

The project is expected to be operational by 2014.


 

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