Thermal Power Platform

The PowerSource team has in-depth experience in coal, biomass, gas, waste heat recovery, and co-generation power plants involving the following:

Technologies and systems:
  • Circulating Fluidized Bed Combustion Boilers
  • Stoker Fired Boilers for Biomass
  • Gas Fired Boilers
  • Pulverized Coal Fired Boilers
  • Unfired Heat Recovery Steam Generators
  • Steam Turbo Generators
  • Heavy/Light Fuel Oil Engine Based Generators
Experience in Roles:
  • Project Development
  • Design and Engineering
  • Project Management
  • Construction
  • Operations and Maintenance
Thermal Power Platform

Power Projects Update:

Iligan Project: 20 MW
  • CFBC Boiler power plant serving Republic Cement Iligan Inc. and Iligan Light and Power, Inc.
  • Agreements in respect of power sale, services, and land are signed
  • PowerSource Philippines Energy, Inc. (PPEI) is set up as the special purpose vehicle
  • Equity and Debt funding are fully secured and financial closure is achieved
  • EPC contractor commenced construction in February 2016
  • The necessary approvals, licenses, and permits have been obtained to commence construction by February 2016
Mine-Mouth Project: 100 MW
  • PowerSource has signed a Joint Venture Agreement to develop a mine-mouth, clean coal, CFBC power plant
  • Availability, as per JORC standards, of lignite deposit for a 100 MW plant for a period of 25 years is established and mine plan is prepared
  • Obtaining permits and licenses is underway
  • Land acquisition has commenced
  • RFP for EPC contract is issued

Indonesia Thermal

  • Evaluating acquisition of existing 30 MW power plant and 30 MW to 50 MW expansion
  • Evaluating co-development of 150 MW to 200 MW captive power for a multinational industrial company

Design Illustration - Iligan Power Project
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