The Mindanao Power Plant Project will address the challenge of attaining stability of electricity supply in Mindanao and sustain its economic growth. Since commercial operation in December 2006, the power plant provides additional electricity representing 15% of the island’s total power demand.

Facts and Figures Project Scheme: Build-Operate-Transfer (BOT) over a 25-year cooperation period  with the National Power Corporation   Project Components: 2 units of 105MW (net) Coal-Fired Thermal Units (installed capacity: 232MW)  Six-kilometer 138kV Transmission Line Five-kilometer underground raw water pipeline   Project Volume: US $ 305 million   Partners: STEAG GmbH (89 %) State Investment Trust, Inc. (11%)   Fuel: Imported hard coal / Local coal   Coal yard capacity: 150,000 tons   Start of construction work: December 01, 2003   Start of commercial operation: November 15, 2006  Location: PHIVIDEC Industrial Estate, San Martin-Balacanas, Villanueva / Misamis Oriental