PacificLight Power Pte. Ltd., a subsidiary of Manila Electric Company (MERALCO), is looking to bid on the construction of the first of Singapore’s two modern power plants.
In a report by Philippine Star, MERALCO chairman and CEO Manuel V. Pangilinan said that the firm is considering broadening its portfolio in Singapore, eyeing possible investments in a new power facility.
Pangilinan explained that there is a possibility that the firm will participate in a bid for two 600-megawatt (MW) units in Singapore, as well as a possible investment in a new power plant.
In June, the Energy Market Authority of Singapore called for proposals from the private sector to develop, own, and manage new generation capacity slated for completion by 2029 and 2030.
Each new unit is projected to produce at least 600 MW, enough to supply energy to about 600,000 households.
Pangilinan added that they’re prioritizing establishing gas plants in Singapore, having recently added 100 MW to their capacity, bringing their total to 900 MW.
Meanwhile, MGen president and CEO Emmanuel Rubio stated that PacificLight has been authorized to construct, own, and operate a 100-MW hydrogen-ready gas turbine capable of fast-start generation, as of May.
Rubio emphasized that this initiative aligns with their goal to provide reliable, sustainable energy to meet Singapore’s growing demand.
PacificLight has delivered 2,875 gigawatt-hours (GWh) of energy in the first half of the year, slightly less than the 2,893 GWh supplied in the same period last year.
