US$1.2-B coal-fired power plant up in Subic

SUBIC BAY FREEPORT: It’s all systems go for the US$1.2 billion 600 megawatts (MW) coal-fired power plant project here with construction to commence in the next few months, the project proponent said. An official of Redondo Peninsula Energy, Inc. (RPE) said.

In a press briefing held at the Subic Park Hotel here, Redondo Peninsula Energy, Inc. (RPE) Vice President and Head of External Affairs Reynalita Santana, told members of the media the construction of the power plant, which will be in two phases, will begin within the first six months of this year and is expected to be completed in 2020.