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References in periodicals archive ?
Once it starts commercial operations in the first half of 2019, the SBPL plant will provide efficient and reliable baseload supply for electricity consumers in Luzon.
SBPL has explained that compared to the subcritical power plants, those running on supercritical technology "operate at higher pressures leading to higher efficiencies and significant reductions in emissions over the expected life of the plant.
Site preparation works are on-going for SBPL, which has a power supply agreement with Meralco that was approved by the Energy Regulatory Commission in May.
MGen, a subsidiary of Meralco, is developing SBPL via a joint venture with New Growth B.
Construction has still not been launched as SBPL is concluding a deal with its selected engineering, procurement and construction contractor.
SBPL is 51-percent owned by Meralco PowerGen and the 49-percent stake is held by Thai firm EGCO.
Besides, ICRA rated at A4 the INR110m short-term non-fund-based credit facilities of SBPL.
SBPL, a joint venture with Electricity Generating Public Co.
or SBPL (a partnership of Meralco PowerGen or MGen and Thai-led New Growth BV) is scheduled for completion in late 2017 to early 2018.
or SBPL (a joint venture of Meralco PowerGen or MGen and Thailed New Growth BV) is targeted for completion in late 2017 to early 2018.
A regulatory filing with the Energy Regulatory Commission (ERC) showed that SBPL hoped to borrow the equivalent of about $800 million in "non-resource project financing.