OVERVIEW OF ELECTRIC POWER INDUSTRY

PRE-EPIRA

NPC

Generation

+

Transmission &

Sub transmission

Distribution

Utilities

End-users

State

monopoly of

Generation &

Transmission

of electricity

sells b

uys

sells

buys

NPC

IPPs

buys

sells

Private

monopoly

within

franchise

area

No power

to choose

source of

electricity

OWNERSHIPREGULATORY REGIME

(Energy Regulatory Board)

Bundled

Tariff

Regulated

Price

Setting

Bundled

Tariff

Regulated

Price

Setting

Bundled Tariff

E. O. 215

BOT Law

IPPsbuys

sells

Source: PSALM

THE NEW ELECTRIC POWER INDUSTRY

STRUCTURE UNDER EPIRA

•Sale of NPC

generation assets

•Unbundling of electricity tariffs for

transparency

•Opening up of high voltage t- lines for easy access of

distributors & large consumers

•Opening up of distribution lines for competitive consumers

Source: Department of Energy

Firm dates of Open Access implementation is crucial to spur investment and competition

Delays in implementation pushed generators to contract with MERALCO instead of reserving for Open Access

Congress passed EPIRA

Declare initial Implementation of Open Access

1MW & Up 750KW

Implementation of RCOA to EC’s

Gradual decrease in threshold until it reaches the households

1st Declaration of Open Access

Initial Commercial Operations (1MW & up)

Start of Customer Switching

2nd Declaration of Open Access

As stated in the R.A

Actual Timeline of RCOA Implementation

Retail Competition and Open

Access

Congress passed EPIRA.

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

May 26, 20155

EPIRA IS WORKING

2014 Capacity MixLUZON VISAYAS MINDANAO

BASE LOAD

POWER

PLANTS:

67.48%

BASE LOAD

POWER

PLANTS:

75.34%

BASE LOAD

POWER

PLANTS:

51.43%Note:• Baseload Power Plants are the facilities used to meet some or all of a given continuous energy demand, and produce energy at a constant

rate, usually at low cost relative to other facilities available to the system

Source: DOE list of Existing Power Plants, December 2014

Dependable Capacity = 11,622 MW

Dependable Capacity = 2,160 MW

Dependable Capacity = 1,851 MW

BASE LOAD

CAPACITY:

66.91%

BASE LOAD

GENERATION:

85.40%

2014 Dependable Capacity = 15,633 MW 2013 Gross Generation = 75,266 GWh

Capacity and Generation

Self Sufficiency = 56.24 %

PHILIPPINES

Source: DOE list of Existing Power Plants, December 2014DOE Power Statistics 2013

POWER SUPPLY SITUATION

AND OUTLOOK

8

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

11,000

1-J

an

3-J

an

5-J

an

7-J

an

9-J

an

11-J

an

13-J

an

15-J

an

17-J

an

19-J

an

21-J

an

23-J

an

25-J

an

27-J

an

29-J

an

31-J

an

2-F

eb

4-F

eb

6-F

eb

8-F

eb

10-F

eb

12-F

eb

14-F

eb

16-F

eb

18-F

eb

20-F

eb

22-F

eb

24-F

eb

26-F

eb

28-F

eb

2-M

ar

4-M

ar

6-M

ar

8-M

ar

10-M

ar

12-M

ar

14-M

ar

16-M

ar

18-M

ar

20-M

ar

22-M

ar

24-M

ar

26-M

ar

28-M

ar

30-M

ar

1-A

pr

3-A

pr

5-A

pr

7-A

pr

9-A

pr

11-A

pr

13-A

pr

15-A

pr

17-A

pr

19-A

pr

21-A

pr

TOTAL AVAILABLE CAPACITY SYSTEM PEAK DEMAND REQ'D REG. RESEREVE

Luzon Supply-Demand Situation01 January – 21 April 2015

Source: National Grid Corporation of the Philippines (NGCP) Daily Operations Report

Note:

FO – Forced Outage / PO – Planned Outage

B2 fuel – diesel with 2% biodiesel

JAN FEB MAR APR

Max Demand

= 8,727 MW (20 Apr)

Demand = 5,539

MW

Papal Visit

(15-19 Jan 2015)

GNPower U1 (302 MW) on

FO from 26 Oct 2014 - 15

Mar 2015GNPower U2 on PO from

29 Dec 2014 -23 March

2015

Min Demand

= 4,659 MW (01

Jan)

New Year

Ilijan A2 (300 MW) on FO

from 23 Dec 2014 to 24 Feb

2015

QPPL (456 MW) on PO from

17 Jan – 4 Mar 2015

Malampaya

Turnaround

15 Mar – 13 Apr 2015

Ilijan A2 on FO from 14-20

Mar 2015

5,314 MW (3 Apr)

Good Friday

Ilijan A (600 MW) limited at 385 MW running using

B2* fuel; Ilijan B (600 MW) on PMS from 15 Mar-

13Apr 2015 (extended to 15 Apr 2015)

Sual Units 1 and 2 tripped

on 13 Mar 2015

2015Mar: 10 MW Pampanga Solar*

135 MW SLTEC Puting Bato U1*18 MW Pililia Wind P1 18 MW IBEC Bio

Apr: 18 MW Pililia Wind P240 MW Majestic Solar****

May: 18 MW Pililia Wind P3

2018Jun: 460 MW SBPL**

1 MW Bulanao

HEPP***

1 MW Prismc HEPP***

2015Jun: 150 MW SLPGC Coal U1

82 MW Anda Coal100 MW Avion****

Aug: 150 MW SLPGC Coal U2Sep: 13.2 MW Sabangan HEPPOct: 12.5 MW Bataan CogenNov: 150 MW SLTEC Puting Bato Coal U2Dec: 3.2 MW Bicol Biomass

12 MW Green Innov Bio

LUZON SUPPLY-DEMAND OUTLOOK 2014-

2020

Notes

a. Required Reserve Margin (RM) i.e. 4% regulating reserve and contingency and dispatchable reserve requirement

b. 4.2 % peak demand growth rate resulted from observed 0.6 elasticity ratio of demand for electric power with national economic growth

applied to 7 percent GDP growth rate (GR) target for 2014-2015.

c. 4.8 % peak demand growth rate resulted from observed 0.6 elasticity ratio of demand for electric power with national economic growth

applied to 8 percent GDP growth rate (GR) target for 2016-2020.

d. Assumed average forced outage of the total available capacity

Actual

** for Validation

*** TBD – To be determined (target commercial operation)

****: 100 MW Avion and 40 MW Majestics considered as additional

capacity (not in the committed power projects)

* On-going testing and commissioning

2016Jun: 450 MW San Gabriel NGAug: 150 MW Limay Coal U1Dec: 12 MW SCJIPower Bio P2

Newly-Operational150 EDC Burgos P1 and P2

12 MW SJCIPower Bio P1

18.9 MW NWPDC Wind Ph3

81 MW Caparispisan Wind

2017Nov: 420 MW Pagbilao 3

150 MW Limay Coal

U2

Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

(%) 1.5 2.0 2.0 6.3 5.6 7.5 7.5 2.8 5.2 6.9 7.2 3.1

MW 167 230 631 712 642 858 856 316 595 779 808 348

10

Name of the Project Project Proponent Mother/ JV Company Location Rated Capacity (MW)Target Testing &

Commissioning

Target

Commercial

Operation

Puting Bato Coal Fired Power

Plant Phase I**

South Luzon Thermal

Energy Corp. (SLTEC)

Trans Asia Oil and

Energy Development

Corporation (TAOil)

Brgy. Puting Bato

West, Calaca,

Batangas

135.0 Oct 2014 Mar 2015

SLPGC Coal-Fired Power Plant

Phase I Unit 1

Southwest Luzon

Power Generation

Corporation (SLPGC)

DMCI Power

Corporation

Brgy. San Rafael,

Calaca, Batangas150.0 Apr 2015 Jun 2015

Anda Power Corporation's 82

MW Ciculating Fluidized Bed

Coal Fired Power Plant

Anda Power

Corporation

Anda Power

Corporation

Brgy. Bundagul,

Mabalacat,

Pampanga

82.0 Jun 2015 Jun 2015

SLPGC Coal-Fired Power Plant

Phase I Unit 2

Southwest Luzon

Power Generation

Corporation (SLPGC)

DMCI Power

Corporation

Brgy. San Rafael,

Calaca, Batangas150.0 Jun 2015 Aug 2015

Puting Bato Coal Fired Power

Plant Phase II

South Luzon Thermal

Energy Corp. (SLTEC)

Trans Asia Oil and

Energy Development

Corporation (TAOil)

Brgy. Puting Bato

West, Calaca,

Batangas

135.0 Aug 2015 Nov 2015

Limay Power Plant Project

Phase I Unit 1

SMC Consolidated

Power Corporation

SMC Consolidated

Power Corporation

Brgy. Lamao,

Limay, Bataan150.0 May 2016 Aug 2016

Limay Power Plant Project

Phase I Unit 2

SMC Consolidated

Power Corporation

SMC Consolidated

Power Corporation

Brgy. Lamao,

Limay, Bataan150.0 Oct 2016 Jan 2017

Pagbilao 3 Coal-Fired Thermal

Power Plant

Pagbilao Energy

Corporation

TeaM Energy / Aboitiz

Power

Pagbilao Power

Station, Nrgy.

Ibabang Polo,

Pagbilao, Quezon

420.0 May 2017 Nov 2017

San Buenaventura Power Ltd.

Co. (SBPL) Project***

San Buenaventura

Power Ltd. Co. (SBPL)QPPL/EGCO Mauban, Quezon 460.0 Mar 2018 Jun 2018

20 MW IBEC Biomass Power

Plant

Isabela Biomass

Energy Corporation

(IBEC)

Isabela Biomass

Energy Corporation

(IBEC)

Isabela 18.0 Mar 2015 Mar 2015

12.5 MW Bataan 2020 Rice

hull-fired Cogen PlantBataan 2020 Inc. Bataan 2020 Inc. Bataan 7.5 Oct 2014 Oct 2015

3.5 MW Bicol Biomass Energy

Corporation

Bicol Biomass Energy

Corporation

Bicol Biomass Energy

CorporationCamarines Sur 3.2 Dec 2015 Dec 2015

COMMITTED POWER PROJECTS

* Excluding Off-grid power projects** On-going testing and commissioning

As of 31 January 2015

Luzon Grid Committed Power Projects, 2,410.7 MW*

*** for validation

11

COMMITTED POWER PROJECTS

Luzon Grid Committed Power Projects, 2,410.7 MW*

As of 31 January 2015

* Excluding Off-grid power

projects

Name of the Project Project Proponent Mother/ JV Company Location

Rated

Capacity

(MW)

Target Testing &

Commissioning

Target

Commercial

Operation

12 MW GITC Biomass Power

Plant Project

Green Innovations for

Tomorrow Corporation

(GITC)

Green Innovations for

Tomorrow Corporation

(GITC)

Nueva Ecija 10.8 Dec-2015 Dec 2015

12 MW SJCiPower Rice Husk-

Fired Biomass power Plant

Project Phase 2

San Jose City I Power

Corporation

San Jose City I Power

Corporation

Brgy. Tulat, San

Jose, Nueva Ecija10.0 Dec 2016 Dec 2016

San Gabriel Plant Phase II First Gas Power Corp.First Gen Power

Corporation

San Gabriel,

Batangas450.0 Mar 2015 Jun 2016

Pampanga Solar Power

Project**Raslag Corporation Raslag Corporation

Brgy. Suclaban,

Mexico, Pampanga10.0 Feb 2015 Mar 2015

Sabangan HEPP Hedcor Sabangan, Inc.Aboitiz Power

CorporationMt. Province 13.2 Jun 2015 Sep 2015

Bulanao HEPPDPJ Engineers and

ConsultantsTabuk, Kalinga 1.0 TBD TBD

Prismc HEPP PNOC-Renewables

CorporationPNOC Rizal, Nueva Ecija 1.0 TBD TBD

Pililla Wind Power Project

Ph1

Alternergy Wind One

CorporationAlternergy

Brgy. Halayhayin,

Pililla, Rizal18.0 Mar 2015 Mar 2015

Pililla Wind Power Project

Ph2

Alternergy Wind One

CorporationAlternergy

Brgy. Halayhayin,

Pililla, Rizal18.0 Apr 2015 Apr 2015

Pililla Wind Power Project

Ph3

Alternergy Wind One

CorporationAlternergy

Brgy. Halayhayin,

Pililla, Rizal18.0 May 2015 May 2015

TOTAL 2,410.7

** On-going testing and commissioning

12

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

1-J

an

3-J

an

5-J

an

7-J

an

9-J

an

11-J

an

13-J

an

15-J

an

17-J

an

19-J

an

21-J

an

23-J

an

25-J

an

27-J

an

29-J

an

31-J

an

2-F

eb

4-F

eb

6-F

eb

8-F

eb

10-F

eb

12-F

eb

14-F

eb

16-F

eb

18-F

eb

20-F

eb

22-F

eb

24-F

eb

26-F

eb

28-F

eb

2-M

ar

4-M

ar

6-M

ar

8-M

ar

10-M

ar

12-M

ar

14-M

ar

16-M

ar

18-M

ar

20-M

ar

22-M

ar

24-M

ar

26-M

ar

28-M

ar

30-M

ar

1-A

pr

3-A

pr

5-A

pr

7-A

pr

9-A

pr

11-A

pr

13-A

pr

15-A

pr

17-A

pr

19-A

pr

21-A

pr

TOTAL AVAILABLE CAPACITY SYSTEM PEAK DEMAND REQ'D REG. RESEREVE

REQ'D CONT. RESERVE REQ'D DISP. RESERVE

Visayas Supply-Demand Situation01 January – 21 April 2015

Source: National Grid Corporation of the Philippines (NGCP) Daily Operations Report

1,196 MW (17

Jan)

Papal Visit/Sinulog

TPC Thermal (60 MW) on

FO from 20 Jan 2015 to 02

Feb 2015

PEDC U2 (82 MW) on FO

from 20 Jan 2015 to 22 Jan

2015

UMPP U3 (27.1 MW) on

FO from 09 Jan 2015 to 19

Feb 2015

CEDC U3 (82 MW) on

PMS from 14 Jan 2015 to

28 Jan 2015

PEDC U1 (82 MW) on FO

from 10 Feb - 05 Mar 2015

CEDC U3 (82 MW) on

FO from 28 Feb - 8 Mar

2015

CEDC U1 (82 MW) on

PMS from 21 Feb - 7 Mar

2015

19 Feb 2015

Visayas Partial

Blackout

TGPP U2 (35.7 MW) on PO

from 7-26 Mar 2015

CEDC U2 (82 MW) on

FO from 16 -31Mar

2015

Max Demand

= 1,587 MW (20 Apr)

Min Demand

= 1,137MW (03 Apr)

Good Friday

Note:

FO – Forced Outage / PO – Planned Outage

JAN FEB MAR APR

Panay Partial Blackout

on the evening of 20 April

2015 due to tripping of

PEDC Units 1 and 2

Notes

a. Reserve Margin (RM) i.e. 4% regulating reserve and largest online unit for contingency and dispatchable reserve requirement

(100 MW to increase by 135 MW in 2016)

b. 7 % peak demand growth rate resulted from observed 1 elasticity ratio of demand for electric power with national economic

growth applied to 7 percent GDP growth rate (GR) target for 2014-2015.

c. 8 % peak demand growth rate resulted from observed 1 elasticity ratio of demand for electric power with national economic

growth applied to 8 percent GDP growth rate (GR) target for 2016-2020.

d. Assumed 4.35 percent average forced outage of the total available capacity

VISAYAS SUPPLY-DEMAND OUTLOOK 2014-2020

2015Mar: 8 MW Villasiga HEP*

46 MW URC Bio*

12 MW Hpo Bagasse*

82 MW TPC Coal

Expansion*

36 MW Nabas Wind Ph1

Sep: 14 MW Nabas Wind Ph2

135 MW Concepcion

Coal 1

Dec: 20 MW SCBiopower

2016Nov: 135 MW Concepcion Coal

2

2017Jun: 8 MW Cantakoy HEPP

34 MW VMCI Bio (TBD**)

** TBD – To be determined (target commercial operation)

* On-going testing and commissioning

Actual

Newly-Operational54 MW TAREC San Lorenzo

Wind

14

COMMITTED POWER PROJECTS

* Excluding Off-grid power projects

* Ongoing Testing and CommissioningAs of 31 January 2015

Visayas Grid Committed Power Projects, 473.0 MWName of the Project Project Proponent

Mother/ JV

CompanyLocation

Rated Capacity

(MW)

Target Testing &

Commissioning

Target Commercial

Operation

TPC Coal-Fired Power Plant

Expansion Project*

Toledo Power

Company

Global Business

Power CorporationToledo City, Cebu 82.0 Oct 2014 Mar 2015

Concepcion Coal-fired Power Plant

Unit 1

Palm Thermal

Consolidated

Holdings Corp.

AC Energy Holdings,

Inc./ Palm Thermal

Consolidated

Holdings

Corporation/ Jin

Navitas Resource,

Inc.

Brgy. Nipa,

Concepcion, Iloilo135.0 Jun 2015 Sep 2015

Concepcion Coal-fired Power Plant

Unit 2

Palm Thermal

Consolidated

Holdings Corp.

AC Energy Holdings,

Inc./ Palm Thermal

Consolidated

Holdings

Corporation/ Jin

Navitas Resource,

Inc.

Brgy. Nipa,

Concepcion, Iloilo135.0 Sep 2016 Nov 2016

Villasiga HEP

Sunwest Water &

Electric Co., Inc.

(SUWECO)

Sunwest Water &

Electric Co., Inc.

(SUWECO)

Brgy. Igsoro,

Bugasong, Antique8.0 Sep 2014 Mar 2015

Cantakoy HEPQuadriver Energy

Corp.

Quadriver Energy

Corp.Danao, Bohol 8.0 Jun 2017 Jun 2017

8.0 MW HPCo Bagasse

Cogeneration Plant*

Hawaiian Philippines

Company

Hawaiian Philippines

CompanyNegros Occidental 3.0 Nov 2014 Mar 2015

46 MW Universal Robina

Corporation Bagasse Cogeneration

Facility*

Universal Robina

Corporation

JG Summit Holdings

Inc.Negros Occidental 31.0 Dec 2014 Mar 2015

20 MW SCBiopower Bagasse-Fired

Power Generation Project

San Carlos Biopower

Inc.

Bronzeoak

PhilippinesNegros Occidental 18.0 Dec 2015 Dec 2015

34 MW VMCI Bagasse-Fired

Cogeneration Plant

Victorias Milling

Company Inc.

Victorias Milling

Company Inc.Negros Occidental 3.0 TBD TBD

Nabas Wind Power Project Phase 1Petrogreen Energy

Corporation

Petrogreen Energy

Corporation

Brgy. Pawa, Nabas,

Aklan36.0 Jan 2015 Mar 2015

Nabas Wind Power Project Phase 2Petrogreen Energy

Corporation

Petrogreen Energy

Corporation

Brgy. Pawa, Nabas,

Aklan14.0 Sep 2015 Sep 2015

TOTAL 473.0 15

600

800

1,000

1,200

1,400

1,600

1,800

1-J

an

3-J

an

5-J

an

7-J

an

9-J

an

11-J

an

13-J

an

15-J

an

17-J

an

19-J

an

21-J

an

23-J

an

25-J

an

27-J

an

29-J

an

31-J

an

2-F

eb

4-F

eb

6-F

eb

8-F

eb

10-F

eb

12-F

eb

14-F

eb

16-F

eb

18-F

eb

20-F

eb

22-F

eb

24-F

eb

26-F

eb

28-F

eb

2-M

ar

4-M

ar

6-M

ar

8-M

ar

10-M

ar

12-M

ar

14-M

ar

16-M

ar

18-M

ar

20-M

ar

22-M

ar

24-M

ar

26-M

ar

28-M

ar

30-M

ar

1-A

pr

3-A

pr

5-A

pr

7-A

pr

9-A

pr

11-A

pr

13-A

pr

15-A

pr

17-A

pr

19-A

pr

21-A

pr

TOTAL AVAILABLE CAPACITY SYSTEM PEAK DEMAND REQ'D REG. RESEREVE

REQ'D CONT. RESERVE REQ'D DISP. RESERVE

Mindanao Supply-Demand

Situation01 January – 21 April 2015

Source: National Grid Corporation of the Philippines (NGCP) Daily Operations Report

Note:

FO – Forced Outage / PO – Planned Outage

Min Demand

= 1079 MW (01

Jan)

New Year

Max Demand

= 1,405 MW (21

Apr)

STEAG U1 (105 MW) on PO

since 21 Feb 2015 until 16 Mar

2015

STEAG U2 (105 MW)

on PO from 19 Feb-2 Mar 2015

Pulangi4 HEPP U3 (70

MW) on FO since 15 Jan

2015

PUL4 U1 (85 MW) on

FO since 21 Mar

25 Jan 2015

Agus 5 U1 PO (27.5MW)

Agus 6 U3 PO (50MW)

TMI-2 U1 PO (50 MW)

1,107 MW (03 Apr)

Good Friday

5 April 2015

Mindanao Partial

Blackout

TMI 2 U2 (50 MW) on

PMS on 3 April 2015

JAN FEB MAR APR

2016Feb: 150 MW SMC Davao U1

Mar: 25 MW Lake Mainit

Jun: 135 MW FDC Coal U1

Aug: 150 MW SMC Davao U2

Sep: 135 MW FDC Coal U2

Nov: 100 MW SEC Coal 2

Dec: 135 MW FDC Coal U3

10 MW Malaybalay Bio

MINDANAO SUPPLY-DEMAND OUTLOOK 2014-2020

Notes

a. Required Reserve Margin (RM) i.e. 4% regulating reserve and contingency and dispatchable reserve requirement

b. 5.6 % peak demand growth rate resulted from observed 0.8 elasticity ratio of demand for electric power with national economic

growth applied to 7 percent GDP growth rate (GR) target for 2014-2015.

c. 12.8 % peak demand growth rate resulted from observed 1.6 elasticity ratio of demand for electric power with national

economic growth applied to 8 percent GDP growth rate (GR) target for 2016

d. 8 % peak demand growth rate resulted from observed 1 elasticity ratio of demand for electric power with national economic

growth applied to 8 percent GDP growth rate (GR) target for 2017-2020

e. Assumed 3.3 percent average forced outage of the total dependable capacity ** TBD – To be determined (target commercial operation)

* On-going testing and commissioning

Actual

2015Mar: 5.2 MW Peak Power

PSFI*

150 MW Therma South 1

Jun: 150 MW Therma South 2

Oct: 100 MW SEC Coal 1

Dec: 10 MW LPC Bio

2017Feb: 55 MW Minergy Coal 1

Apr: 55 MW Minergy Coal 2

Jun: 55 MW Minergy Coal 3

Jul: 30 MW Puyo HEP

Dec: 540 MW GNPower

Kauswagan

Newly-Operational

21 MW Peak Power PSI

15 MW MEGC DPP

2018Jan: 9 MW Limbatangon HEPP

8 MW Asiga HEPP **

3 MW PTCI Bio **

17

COMMITTED POWER PROJECTS

* Ongoing Testing and Commissioning

** New Entry from Indicative list As of 31 January 2015

Mindanao Grid Committed Power Projects, 2,007.8 MWName of the Project Project Proponent

Mother/ JV

CompanyLocation

Rated Capacity

(MW)

Target Testing &

Commissioning

Target Commercial

Operation

PSFI Bunker-Fired Power Plant*Peak Power San

Francisco (PSFI)

Peak Power Energy

Inc. (subsidiary of A

Brown)

ASELCO Compound,

Brgy. San Isidro,San

Francisco, Agusan del

Sur

5.2 Sep 2014 Mar 2015

2 X 150 MW Coal-Fired Therma

South Energy ProjectTherma South Inc.

Aboitiz Power

Corporation

Brgy. Binugao, Toril,

Davao City and Brgy.

Inawayan, Sta. Cruz,

Davao Del Sur

300.0 Feb 2015U2 – Mar 2015

U1 – June 2015

Southern Mindanao Coal Fired

Power Station Unit 1

Sarangani Energy

Corporation (SEC)

Alsons Power

Corporation

Brgy, Kamanga, Maasim,

Sarangani100.0 Jun 2015 Oct 2015

SMC Davao Power Plant Project

Phase I Unit 1

San Miguel

Consolidated Power

Corporation

San Miguel

Consolidated Power

Corporation

Brgy. Culaman, Malita,

Davao del Sur150.0 Dec 2015 Feb 2016

SMC Davao Power Plant Project

Phase I Unit 2

San Miguel

Consolidated Power

Corporation

San Miguel

Consolidated Power

Corporation

Brgy. Culaman, Malita,

Davao del Sur150.0 May 2016 Aug 2016

3 X 135 MW FDC-Misamis

Circulating Fluidized Bed (CFB)

Coal-Fired Power Plant Project

FDC Utilities, Inc. FDC Utilities, Inc.

Phividec Industrial

Estate, Villanueva,

Misamis Oriental

405.0

U1 – Dec 2015

U2 – Mar 2016

U3 – Jun 2016

U1 – Jun 2016

U2 – Sep 2016

U3 – Dec 2016

Southern Mindanao Coal Fired

Power Station Unit 2

Sarangani Energy

Corporation (SEC)

Alsons Power

Corporation

Brgy, Kamanga, Maasim,

Sarangani100.0 Feb 2015 Nov 2016

3x55 MW Balingasag Thermal

Power Plant (Circulating

Fluidized Bed Combustion

(CFBC) Coal-Fired Power Plant

Plant)**

Minergy Coal

CorporationMinergy

Brgy. Mandangoa,

Balingasag, Misamis

Oriental

165.0

U1 – Feb 2017

U2 – Apr 2017

U3 – Jun 2017

U1 – Feb 2017

U2 – Apr 2017

U3 – Jun 2017

GNPower Kauswagan Ltd.

540MW Clean Coal-Fired Power

Plant

GN Power

KausawaganGN Power Ltd. Co.

Kauswagan, Lanao del

Norte540.0 Feb 2017 Dec 2017

18

COMMITTED POWER PROJECTS

** New Entry from Indicative listAs of 31 January 2015

Mindanao Grid Committed Power Projects, 2,007.8 MW

Name of the Project Project ProponentMother/ JV

CompanyLocation

Rated Capacity

(MW)

Target Testing &

Commissioning

Target Commercial

Operation

Lake MainitAgusan Power

CorporationTranzen Group Inc.

Jabonga, Agusan del

Norte25.0 Mar 2016 Mar 2016

Puyo Hydroelectric Power

Project

First Gen Mindanao

Hydropower Corp.

First Gen Power

Corporation

Jabonga, Agusan del

Norte30.0 Jul 2017 Jul 2017

Limbatangon Hydroelectric

Power Project

Turbines Resource &

Development Corp.

Turbines Resources

and Development

Corp. (TRDC)

Cagayan de Oro City,

Misamis Oriental9.0 Jan 2018 Jan 2018

Asiga HEPP**Asiga Green Energy

Corp.

Santiago, Agusan del

Norte8 TBD TBD

15 MW LPC Biomass Power

Plant Project

Lamsan Power

Corporation

Lamsan Power

CorporationMaguindanao 10.0 Dec 2015 Dec 2015

10 MW Malaybalay Bio-Energy

Corporation Multi Feedstock

Power Generating Facility

Malaybalay

Bioenergy

Corporation

Malaybalay

Bioenergy

Corporation

FIBECO, Anahawan,

maramag, Bukidnon9.0 Dec 2016 Dec 2016

3 MW Biomass Cogeneration

Facility

Philippine Trade

Center, Inc.

Philippine Trade

Center, Inc.Maguindanao 1.6 TBD TBD

TOTAL 2,007.8

19

•III. The Bangsamoro Government shall have

exclusive powers that it exercises within its territorial

iurisdiction, over the following matters:

•14. Establishment of government-owned and

controlled corporations (GOCCs) and financial

institutions - The Bangsamoro Government may

legislate and implement the creation of its own

GOCCs in the pursuit of the common good and

subject to economic viability. The GOCCs shall be

duly registered with the Securities and Exchange

Commission or established under legislative charter

by the Bangsamoro Government;

• 15. The Bangsamoro Government shall have authority

to regulate power generation, transmission, and

distribution operating exclusively in the Bangsamoro. lt

shall promote investments, domestic and international,

in the power sector industry in the Bangsamoro. Power

plants and distribution networks in the Bangsamoro shall

be able to interconnect and sell power over the national

transmission grid to electric consumers. The

Bangsamoro Government may assist electric

cooperatives in accessing funds and technology, to

ensure their financial and operational viability. When

power generation, transmission, and distribution facilities

are connected to the national transmission grid, the

Central Government and the Bangsamoro Government

shall cooperate and coordinate through the

intergovernmental relations mechanism ;

• 16. Public utilities operations in the Bangsamoro - ln case

of inter-regional utilities, there shall be cooperation and

coordination among the relevant government agencies;

• 34. Environment, parks, forest management, wildlife. nature

reserves and conservation - The Bangsamoro Government

shall have the authority to protect and manage the

environment. lt shall have the power to declare nature

reserves and aquatic parks, forests, and watershed

reservations, and other protected areas in the Bangsamoro.

The Bangsamoro Basic Law will provide for the process

that will transfer the management of national reserves and

aquatic parks, forests and watershed reservations, and

other protected areas already defined by and under the

authority of the Central Government;

• 35. Inland waterways for navigation;

• 36. lnland waters;

• 37. Management, regulation and conservation

of all fishery, marine and aquatic resources

within the Bangsamoro territorial jurisdiction;

• 2. Mineral and Energy Resources The Bangsamoro

Government shall have authority and jurisdiction over the

exploration, development, and utilization of mines and

minerals in its prfitory. The applications for financial and

technical assistance 'agreements (FTAAs) shall be

commenced at and recommended by the Bangsamoro

Government to the President. The Bangsamoro Government

and the Central Government shall jointly exercise the

power to grant rights, privileges and concessions over the

exploration, development and utilization of fossil fuels

(petroleum, natural gas, and coal) and uranium in the

Bangsamoro, giving preferential rights to qualified citizens

who are bona fide inhabitants of the Bangsamoro. The

modalities for the exercise of this power shall be provided

in the Bangsamoro Basic Law. lmplementing rules and

regulations for the exercise of this power, including

safeguards against potential unfair business practices, shall

be jointly drawn up.

• Part One. Intergovernmental Relations

• The Central Government and the Bangsamoro

Government shall establish a mechanism at the

highest levels that will coordinate and harmonize

their relationships. For this purpose, a primary

mechanism shall be a Central Government

Bangsamoro Government lntergovernmental Relations

body to resolve issues on intergovernmental

relations. Disputes relating to these

intergovernmental relations shall be resolved through

regular consultations and continuing negotiations in a

non-adversarial manner.