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The Subic Bay Metropolitan Authority (SBMA; Filipino: Pangasiwaang Kalungsuran sa Look ng Subic [1]) is a governmental agency of the Philippines. [2] [3] The SBMA has played a significant part in the development of the Subic Special Economic and Freeport Zone into a self-sustainable area that promotes the industrial, commercial, investment, and financial areas of trade in the zone as well as ...
In September 2015, the company had a total debt of nearly Rs. 10,500 crore. In a bid to try and revive the loss making plant, the Company owning the power plant RGPPL was split into two separate Power (RGPPL) and LNG entities (Konkan LNG Private Limited (KLPL)), one to manage the power plant and the other to try and manage the import of LNG. [12]
The Dabhol Power Station was the largest foreign investment project in India at the time. Until then, Western companies and investors had avoided India. Planners at the Enron Corporation, a major partner in the project, advised against starting projects in India due its inefficient and government-controlled energy system. [3]
Created Date: 8/30/2012 4:52:52 PM
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Ratnagiri Gas and Power Private Limited (RGPPL) is a Subsidiary of NTPC Limited. The company was established to take over and revive the assets of the defunct Dabhol Power Company . RGPPL owns one of India's largest and only LNG based power plants and the LNG regasification terminal at Dabhol .
In September 1999, it put the plant up for sale as the cost of electricity had plummeted, being uneconomic to generate. [2] Enron already had another large CCGT power station on Teesside (which was the largest in Europe at that time). In March 2000, the plant was bought by London Electricity, a division of EDF Energy for £156 million. [3]
In 2007, Redondo Peninsula Energy, Inc. secured a government deal to build a coal-fired power plant on the peninsula. This coal power project, a joint venture between Aboitiz Power Corp. and Taiwan's Cogeneration Corp. is one of several energy projects aimed at addressing the projected power supply shortage on the main island of Luzon by 2016. [3]