List of Remaining IPP Contracts for Transfer to IPPAs
(As of 31 March 2023)
Indicative Privatization Schedule for NPC-IPP Contracts 1/
| IPP PLANT NAME | Contracted Capacity (MW)/Energy (GWh) | Location | Commencement of Sale | Execution of Transaction Documents | Turnover Schedule |
|---|---|---|---|---|---|
| Caliraya-Botocan-Kalayaan HEPPs | 796.46 MW2/ | Lumban-Majayjay-Kalayaan, Laguna | 2nd Semester 2022 | 2024 | 2024 |
| Mindanao Coal-Fired Thermal Power Plant (CFTPP) | 200.00 MW | Misamis Oriental | 2023 | 2024 | 2024 |
1/ Remaining IPP contracts also include the 398 GWh Mindanao II GPP (Mt. Apo 2)
- Privatized through IPPA in 2014 but agreement was terminated in 2017 due to contractual issues
- Capacity will be administered by PSALM until the end of the Cooperation Period of the PPA between NPC/PSALM and EDC on 17 June 2024
