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{{#badges:CoalSwarm|Navbar-Philippinescoal}}'''Concepcion power station''' is a proposed 270-megawatt (MW) coal-fired power station plant under development by Palm Thermal Consolidated Holdings Corp in Iloilo provinceOloilo Province, the Philippines.

The map below shows Concepcion in Iloilo provincethe location of Nipa Barangay, the approximate location of where the projectplant would be built in Concepcion Municipality, Iloilo Province. {{#display_point:11.2255, 123.1094|width=600|height=500|type=hybrid|zoom=710}}

The Palm Concepcion Power Corporation, a subsidiary of real estate company [[A Brown Company]], is currently building a two-unit coal-fired power plant with a total planned capacity of 270 MW in Oloilo Province. Financing was secured in July 2013. Ground was broken on Unit 1 in July 2013, and on Unit 2 in September 2014. Unit 1 is scheduled to be completed in Q2 of 2016, and Unit 2 later in 2016.<ref name=DOE>[http://www.doe.gov.ph/doe_files/pdf/01_Energy_Situationer/2014-Private-Sector-Initiated-Power-Projects-Visayas%20Committed-September-30.pdf Private Sector Initiated Power Plants: Visayas], Philippines Department of Energy, 30 Sept. 2014.</ref> In March 2014, Palm Concepcion signed a construction (EPC) contract with [[Frey-Fil Corporation]] for construction of the plant's coal unloading dock.<ref>[http://www.philstar.com/business/2014/03/26/1305133/palm-concepcion-taps-epc-iloilo-power-plant-project is sponsored by Palm Thermal Consolidated Holdings CorpConcepcion taps EPC for Iloilo power plant project], ''Philippine Star'', 26 Mar. 2014. </ref>

According to an August 2013 situationer by the Philippines Department of Energy (DOE), the status [[Ayala Corporation]] was formerly a 40% owner of the project is as follows:, but sold its share in May 2013 to A Brown Company.<ref name=DOE>Montealegre, Krista. [http://bitwww.lyinteraksyon.com/1gUx45x Energy Situationer 2013: Private Sector Initiated Projects (Visayas),] Philippines Department of Energy, 12 August 2013<business/61712/ref>:Financial Close on 19 July 2013 with Asia United Bank Corporation and China Banking Corporation amounting 19 July 2013 amounting to PhP 6.0B and on 24 July 2013 PhP 4.0B with BDO;BEstimated Household: 14 MW, Estimated Net Capacity: 121MW. Transmission Facility: 138 kV, Steel Tower, Double Circuit (to be connected to NGCP's Barotac Viejo Substation); 69 kV, Steel Pole, 18 km line (to be connected to Sara substatuion ayala-group-pulls-out-of ILECO3) ; PCPC will undertake the construction of the transmission facility. Secured Environmental Compliance Certificate (ECC) from DENR dated 3 June 2013. In the process of finalization of bank documentation and other requirements for the issuance of Notice to Proceed (NTP) to the contractor. The target for the issuance of NTP will be on June 2013 for the start of construction in July 2013. It expects to secure financial closure from the creditor banks on June 2013. The project is expected to be finished in thirty six (36) months. The proponent currently undertakes the preparation for the Right-ofiloilo-coal-fired-Way (ROW) acquisition and coordination with the affected barangays in the Municipality of Concepcion, Ajuy and Barotac Viejo for the installation of transmission facility. Signed Electric Power Purchase Agreements (EPPA) with NOCECOpower- 15 January 2013, NORECOplant- 13 February 2013, & CENECO on 11 March 2013 with a total of 41% of the dependable capacity of unit 1. Negotiation with other probable customers in Panay and Cebu is ongoing. PCPC already have a Power Purchase Agreement with customers from Negros Occidental. Acquired land on Nov. 2010; permits and other requirements obtained; Secured Letter project Ayala group pulls out of Intent from from CEBECO, PECO and ILECO 111; EPC Contract signed 2 February 2013; Appointed SNCIloilo coal-Lavalin, Inc. as the Owner's Engineer; Signed Formal Coal Offer of Semirara dated 16 July 2012; Connection Agreement between PCPC and NGCP was already signed on 1 Octfired power plant project]. 2012; negotiations with DUs/ECs are underway for the review of the proposed Power Supply Contract offered by PCPC; System Impact Study (SIS) received from NGCP last 17 July 2012; financial close by April 2013InterAksyon, BDO Capital's due diligence is now underway before the signing of Mandate Letter; BOI amendment for change of ownership/increase capacity from 100-135MW approved 2 Oct. 2012; ECC amendment for increase capacity from 100-135MW approved 12 Oct. 2012; Electric Power Purchase Agreement (EPPA) with VRESCO for 5MW on 14 Nov. 2012, NOCECO for 10MW on 15 Jan. May 2013, NORECO 1 for 2MW on 13 Feb. 2013 and CENECO for 22.6 MW on 11 March 2013; Ground breaking on 15 Jan. 2013; Commencement of construction on Q2 2013; Project cost is Php26.356B</ref>

*'''Sponsor:''' Palm Thermal Consolidated Holdings CorpConcepcion Power Corporation*'''Parent company:''' [[A Brown Company]]*'''Location:''' Brgy. NipaBarangay, ConcepcionMunicipality, IloiloProvince, Philippines*'''Coordinates:''' 11.2255, 123.1 094 (approximate)

*'''Gross Capacity:''' 270 MW (Units 1 & 2 x : 135 MW)*'''Type:''' [[Circulating fluidized bed]]<ref>[http://ayalanews.com/ayala-corporation/news/2013/02/new-power-plant-project-iloilo-breaks-ground New power plant project in Iloilo breaks ground], Ayala Corporation press release, 2 Feb. 2013.</ref>*'''Projected in service:''' Q2 2016 (Unit 1: July ); 2016; (Unit 2: September 2016<ref name=DOE/>)

*'''Coal Source:'''

 [[categoryCategory:Energy]][[categoryCategory:Philippines]]