Cadiz City power station
|This article is part of the CoalSwarm coverage of the The Philippines and coal|
Cadiz City power station is a proposed 300-megawatt (MW) coal-fired power station in Negros Occidental province, the Philippines.
The map below shows the project site, in Banquerohan Barangay, Cadiz City, Negros Occidental Province.
Background on Project
North Negros Energy Power, a subsidiary of Asia Pacific Energy Resources Ventures, is currently planning to build a single-unit coal-fired power plant with planned capacity of 150 MW in Negros Occidental Province, with plans to expand to a second 150-MW unit later. The project is expected to cost P14 billion, or about $300 million.
The project is intended to address the power shortage on the island of Negros, particularly in the wake of Typhoon Yolanda. According to company President Ceasar Lao-as, Asia Pacific Energy Resources Ventures, 14 potential investors have expressed in investing in the project. Among potential investors, South Korea's Kepco is a leading prospect. Lao-as said investors need to inject a capital equity estimated at $9.3 million or P404 million and can own up to 40 percent in the development stage and 100 percent in the operational level.
Environmental permits for Unit 1 were issued in February 2015, at which time APERVI stated that it would be awarding the project's engineering, procurement, & construction (EPC) contract in May or June, following a bidding process. The unit was then slated to be completed in Q1 2017. In March 2015 APERVI signed coal supply agreements with Energy Earth Public Co. of Thailand for supply of coal from Indonesia; the company stated that it planned to begin construction by late 2015 or early 2016. A date for Unit 2 construction had not yet been set.
In February 2016 Cadiz mayor Patrick Escalante expressed reservations about the project, saying the city had enough power, and that Negros Occidental was now primarily focused on renewable energy generation.
As of November 2017 there has been no news about this project since mid-2015. With no progress in two years, the project appears to be shelved.
In 2014, Asia Pacific Energy Venture Inc. (Apervi) became part of Sparkling Commodities after Sparkling Commodities, a French company, acquired majority shares of Apervi through its subsdiary Sparkling Capital Ltd of Hong Kong.
Sparkling Commodities completed a coal terminal at the Cadiz City Port in 2014. It uses the terminal to deliver coal to Negros Occidental.
- Sponsor: North Negros Energy Power Corp.
- Parent: Asia Pacific Energy Resources Ventures (APERVI), owned by Sparkling Commodities
- Location: Banquerohan Barangay, Cadiz City, Negros Occidental Province, Philippines
- Coordinates: 10.95246, 123.33157 (exact)
- Status: Shelved (Phase I), Shelved (Phase II)
- Gross Capacity: 300 MW (Phase I Unit 1: 150 MW; Phase II Unit 2: 150 MW)
- Type: Subcritical
- Projected in service:
- Coal Type:
- Coal Source:
- Source of financing:
Articles and resources
- Cadiz Coal-Fired Power Plant, Wikimapia, accessed Feb. 2015.
- Mozo, Malou. Negros power plant open to partnership. Manila Bulletin, 4 Dec. 2013.
- Mozo, Malou. North Negros coal-fired power plant on schedule. Manila Bulletin, 23 Feb. 2015.
- Dagooc, Ehda. Power firm secures ECC to build coal-fired plant. Philippine Star, 23 Feb. 2015.
- Carla Gomez, 3 contracts inked for P15B coal plant, Visayan Daily Star, 31 Mar. 2015.
- "Coal terminal boosts income of Cadiz City," Sun Star, February 26, 2016
- Aileen Garcia-Yap, Apervi eyes aggressive expansions in power sector," Cebu Daily News, June 16, 2014