Toledo City power station
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Toledo City power station is an operating power station of at least 122-megawatts (MW) in Daang-Lungsod, Toledo, Cebu, Central Visayas, Philippines with multiple units, some of which are not currently operating. It is also known as TPC 1A Expansion (Unit 3), Toledo Sangi power station, TPC TG5 (Sangi Station) (Unit 2).
Location
Table 1: Project-level location details
| Plant name | Location | Coordinates (WGS 84) |
|---|---|---|
| Toledo City power station | Daang-Lungsod, Toledo, Cebu, Central Visayas, Philippines | 10.3873068, 123.6424188 (exact) |
The map below shows the exact location of the power station.
Unit-level coordinates (WGS 84):
- Unit 2, Unit 3: 10.3873068, 123.6424188
- Unit 4: 10.387266, 123.639802
Project Details
Table 2: Unit-level details
| Unit name | Status | Fuel(s) | Capacity (MW) | Technology | Start year | Retired year |
|---|---|---|---|---|---|---|
| Unit 2 | retired | coal: lignite | 40 | subcritical | 1983 | 2023 |
| Unit 3 | operating | coal: lignite | 82 | subcritical | 2014 | – |
| Unit 4 | retired | coal: lignite | 52 | subcritical | 1983 | 2016 |
| Unit 5 | pre-permit | coal: lignite | 80 | subcritical | – | – |
Table 3: Unit-level ownership and operator details
| Unit name | Owner | Parent |
|---|---|---|
| Unit 2 | Toledo Power Corp [100%] | Manila Electric Co [100.0%] |
| Unit 3 | Toledo Power Corp [100%] | Manila Electric Co [100.0%] |
| Unit 4 | Global Business Power Corp [100%] | Manila Electric Co [100.0%] |
Background
Old Toledo city Power station (TPC Sangi)
The Toledo City power station was originally constructed in the 1960s and consisted of three units which provided power to the Atlas Mines until its closure in the 1990s.[1] A coal-fired unit referred to as 'Unit 4' of the old TPC Sangi (Toledo City) appeared in the DOE's list of existing power stations from 2010-2016 with varying dependable capacities (from 20 MW to 62 MW, depending on the year).[2][3] As of December 2016, the unit disappeared from the DOE lists of existing power stations. A 2015 Energy Regulatory Commission document referring to an unreliable " 52 MW Coal-Fired Power Plant (TPC Sangi)" may have indicated the impending retirement of the aforementioned Unit 4.[4]
New Toledo City power station
The current iteration of the Toledo City power station began with the construction of the 22 MW Unit 1, commissioned in 1982, and the 40 MW Unit 2, commissioned in 1983. The site also contains a 40 MW diesel-fueled power station. The plant is operated by Toledo Power Corporation, a subsidiary of Global Business Power Corporation.[5] The plant primarily provides power for the operations of Carmen Copper Corporation.[6]
In November of 2012, construction began on an 82 MW expansion for the Toledo City power station. The expansion project was expected to cost P10.2 billion (approximately 1 billion USD).[7] In 2013, Toledo Power Corporation announced that it had secured a P7 billion loan to finance approximately 70% of the project. The loan was primarily arranged by First Metro Investment Corporation and included financing by a consortium of financing institutions: Bank of the Philippine Islands, Chinabank, EastWest Bank, Land Bank, Rizal Commercial Banking Corporation, Philam Life, UnionBank and United Coconut Planters Bank.[8] Unit 3 began operation in September of 2014, three months ahead of schedule.[1] According to a 12-year power supply agreement between Carmen Copper Corporation and Toledo Power Corporation signed in June 2012, Unit 3 provides 60 MW of power to Carmen Copper Corporation, in addition to 40 MW of power supplied by Units 1 & 2.[9][10]
In 2017, the Philippine Movement for Climate Justice lodged a formal complaint against the International Finance Corporation (IFC) for its involvement in Philippine coal-fired power stations. The complaint alleged that the IFC had funded these projects through its financial support to Rizal Commercial Banking Corporation (RCBC). The Toledo City power station expansion was one of 11 projects for which the IFC's involvement was found to be sufficient to trigger the IFC's internal accountability process.[11]
In April 2023, the DOE's list of existing grid-connected power plants indicated that the three units were still operating normally at near their installed capacities. [12]
2024: New unit announced (Unit 5)
Reporting in November 2024 announced that the CEO of Meralco PowerGen had received expressions of interest from four local banks and two Indonesian lenders in financing an 80 MW expansion at the Toledo City power station, along with 1,200 MW of new coal-fired capacity at the Atimonan power station.[13] According to the announcement, the proponent expected the new coal unit to be exempt from the Philippines' 2020 national moratorium on new coal plants, due to the power station's original construction permit having been issues for two 80 MW units.[13] The proposed 80 MW expansion was not included in the DOE's lists of indicative or committed power projects at the time of reporting.[14][15]
According to the Environmental Management Bureau's records, the Toledo Power Company had indeed acquired an Environmental Compliance Certificate for an expansion project of two 82 MW coal-fired units in August 2012.[16] However, mention of the second 82 MW (or 80 MW) unit was not included in DOE records of initiated power projects as of September 2014,[17] nor in available reports of the expansion project in 2012 and 2013.[18][19] In a 2021 Compliance Investigation Report, the Office of the Compliance Advisor Ombudsman implied that the status of the second phase of the expansion was publicly undisclosed.[20] The second unit of the expansion had presumably been shelved or cancelled prior to its 2024 revival. Without having been included in DOE lists of indicative and committed power projects from 2014 to 2024, the unit did not appear to fit the criteria for exemption from the 2020 coal plant moratorium.
Presumed retirement of Unit 2 (TPC TG5)
As of December 2023, the Toledo City power station's 40 MW Unit 2, also known as TPC TG5, ceased to be included in the DOE's list of existing, grid-connected power station units.[21] The unit, along with a 20 MW coal-fired unit (TPC TG4) at the Toledo City power station, did not appear in any of the DOE's 2024 lists of grid-connected power generating units.[22][23][24] With the last appearance of Unit 2 in the DOE lists having been in the November 2023 edition, and in absence of other available updates, Unit 2 (TPC TG5) was presumed retired as of December 2023.[25] As of November 2024, Meralco PowerGEN Corp's website referred to only 82 MW of coal-fired capacity (i.e., Unit 3) owned by Toledo Power Co.[26] A 2023 MPIC report also referred only to Toledo Power Co's 82 MW coal-fired unit (TPC 1 A) and a 40 MW gas-fired unit.[27]
Plant ownership
Toledo Power Corporation is a subsidiary of Global Business Power Corp. Initially, Global Business Power Corp. was jointly owned by Beacon PowerGen Holdings (56%), JG Summit Holdings (30%), and Meralco PowerGen Corp. (14%). In December of 2020, Meralco announced that it had acquired full ownership of Global Business Power Corp. by purchasing the 86% stake held by Beacon and JG Summit for P34.466 billion (approx. 720 million USD).[28]
Articles and Resources
References
- ↑ 1.0 1.1 82-MW Cebu power plant switched on, Manila Standard, Sep. 19, 2014
- ↑ LIST OF EXISTING PLANTS VISAYAS DOE, December 2015
- ↑ LIST OF EXISTING PLANTS VISAYAS DOE, June 2016
- ↑ ERC Case No. 2015-003 RC Energy Regulatory Commission, Jan. 27, 2015
- ↑ LIST OF EXISTING POWER PLANTS (GRID-CONNECTED) AS OF DECEMBER 2020, Philippines Department of Energy, Dec. 31, 2020
- ↑ Toledo Power Corporation, Global Business Power Corporation, Accessed June 2, 2021
- ↑ Marigold Lebumfacil, Toledo Power breaks ground for P10B plant, The Freeman, Nov. 12, 2012
- ↑ Toledo Power secures P7-B loan facility for expansion project, GMA News Online, Mar. 8, 2013
- ↑ Amy R. Remo, Toledo Power obtains P7-B loan for new power plant, Philippine Daily Inquirer, Mar. 8, 2013
- ↑ Carmen Copper seals deal for 12-year power supply, Business World, June 7, 2012
- ↑ CAO ASSESSMENT REPORT Regarding Concerns in Relation to IFC’s Investment in Rizal Commercial Banking Corporation (RCBC) – 01 (#30235, #32853, #34115, #37489) in the Philippines, IFC Compliance Advisor Ombudsman, April 2019
- ↑ List of Existing Power Plants per Grid - Visayas, Department of Energy, April 28, 2023
- ↑ 13.0 13.1 MGen to spend $2 billion for expansion, PhilStar, November 28, 2024
- ↑ VISAYAS COMMITTED POWER PROJECTS, Philippines Department of Energy, Posted: November 22, 2024
- ↑ VISAYAS INDICATIVE POWER PROJECTS, Philippines Department of Energy, Posted: November 22, 2024
- ↑ UPDATED LIST OF ENVIRONMENTAL CRITICAL PROJECTS (ECPs) WITH ENVIRONMENTAL COMPLIANCE CERTIFICATE (ECC), Environmental Management Bureau (Philippines), December 31, 2023
- ↑ PRIVATE SECTOR INITIATED POWER PROJECTS (VISAYAS) COMMITTED As of 30 September 2014, Philippines Department of Energy, Posted: June 5, 2015
- ↑ Toledo Power obtains P7-B loan for new power plant, Inquirer, March 8, 2013
- ↑ Subject: Press release on groundbreaking of Toledo Power Corporation's clean coal-fired power plant expansion project, GT Capital, November 12, 2012
- ↑ COMPLIANCE INVESTIGATION REPORT, Compliance Advisor Ombudsman (CAO), November 19, 2021
- ↑ List of Existing Power Plants (Grid-connected) as of 31 December 2023, Visayas Grid, Philippines Department of Energy, December 31, 2023
- ↑ List of Existing Power Plants (Grid-connected) as of 29 February 2024, Visayas Grid, Philippines Department of Energy, February 29, 2024
- ↑ List of Existing Power Plants (Grid-connected) as of 31 March 2024, Visayas Grid, Philippines Department of Energy, March 31, 2024
- ↑ List of Existing Power Plants (Grid-connected) as of 31 October 2024, Visayas Grid, Philippines Department of Energy, October 31, 2024
- ↑ List of Existing Power Plants (Grid-connected) as of 30 November 2024, Visayas Grid, Philippines Department of Energy, November 30, 2023
- ↑ Toledo Power Co., Meralco PowerGEN Corp, Accessed: November 25, 2024
- ↑ Rooted in investing for our country's future, Metro Pacific Investments, December 31. 2024
- ↑ Alena Mae S. Flores, Meralco says sale price of GBPC is fair, reasonable, Manila Standard, Dec. 28, 2020
Additional data
To access additional data, including an interactive map of coal-fired power stations, a downloadable dataset, and summary data, please visit the Global Coal Plant Tracker on the Global Energy Monitor website.
