ABOITIZPOWER subsidiary Therma Mobile, Inc. (TMO) began delivering to Manila Electric Co. (Meralco) up to 200 megawatts of power from floating power barges moored in Navotas, Metro Manila on Friday, April 26.
The facility, which was previously mothballed and disconnected from the power grid, was registered again with the Wholesale Electricity Spot Market (WESM) on April 22.
In a statement, TMP said it signed a power supply agreement with Meralco amid the power supply shortage in Metro Manila.
“This contract is a timely response of both AboitizPower and Meralco to the call of government for stable and reliable power going into the midterm elections and beyond,” AboitizPower Oil Business Unit president and chief operating officer Celso C. Caballero III said.
TMO, with four floating power barges moored in Navotas, has a combined gross capacity of 242 MW. The facility went into preservation mode on February 5, voluntarily disconnected from the grid, and de-registered from the energy market.
The oil-fired barges in Navotas are considered ideal for providing peaking supply and ancillary services with its operational flexibility and the ability to start up quickly to respond to the needs of the grid.
The Oil Business Unit of AboitizPower operates five oil-fired power facilities in Luzon, Visayas, and Mindanao.
AboitizPower, one of the largest power producers in the country, has a total installed capacity of over 3,000 MW and maintains a balanced mix portfolio of coal, oil, geothermal, hydro, and solar power plants nationwide. (SunStar Philippines from PR)