[SOURCE: IPP REVIEW COMMITTEE REPORT]
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Name
of Plant :
58 MW
Bataan Diesel Cogeneration Power Plant (A18)
Name of IPP :
Edison Global Electric Ltd./Edison Bataan Coegeneration
Corporation/
Covanta
Energy Phils. Holdings, Inc.
Contract Type :
Build-Own-Transfer/Energy Conversion Agreement/Solicited
Status of Plant :
Operational
Cooperation Period :
10 years (July 1994 - July 2004)
Nature
of Issue
Issue
Recommendation
Termination vs. Continued Operation
Grossly underutilized; Cost to continue Plant Operation - P994M
in present value; Savings, if terminated - P883
PSALM to study feasibility of termination
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