Byline: Emilia Narni J. David
POWER FIRM TeaM Energy yesterday said it was finally pushing through with the long-planned expansion of the Pagbilao coal plant after it reportedly secured a partnership with Aboitiz Power Corp.
"We are now preparing for the project. We have agreed on a 50-50 joint venture with Aboitiz [Power Corp.] for the expansion of the Pagbilao plant. It will be a pulverized coal boiler similar to the technology of the first two units," TeaM Energy President Federico E. Puno said in a press briefing.
Expansion work, seen to be completed by 2015, is seen to add another 400 megawatts (MW) of capacity to the 700-MW plant.
Mr. Puno …