San Miguel Corporation plans to expand its Limay diesel power plant in the Philippines to 1200 MW from the current 600 MW this year.
In a press statement, San Miguel President and COO Ramon S. Ang said the expansion was needed for the plant to be converted to use liquefied natural gas (LNG).
“The conversion will push through. If you convert Limay to LNG, for it to be viable, you need to make it 1200 MW. That’s the minimum size so the LNG conversion will be viable,” said Mr. Ang. The conversion and expansion will cost about $1bn.
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