The Project involves construction and operation of a 200 megawatt coal-fired power plant on 100,000 square meters of land in the barangay (district) of Colon, in the city of Naga, Cebu Province, about 20 km from Cebu City. The plant will use circulating fluidized bed (CFB) boiler technology, known as "cleaner coal" technology as CFB boilers are very low generators of nitrogen oxide and sulfur dioxide emissions. The Project aims to provide much needed electricity to an economically promising area of the Philippines with a current power shortage, and will thereby support the country’s continued growth and contribute to reduced poverty in the region. The Project supports sustainable growth in the Visayas region by increasing the availability of reliable and competitively priced power to help alleviate the current power supply shortage without additional fiscal burden on the Government.
Under this Project, ADB is providing a direct loan of $100,000,000 to KEPCO-SPC Power Corporation (KSPC), a registered Philippines company, without government guarantee.
| Steps and Milestones |
Date |
Remarks and Attachments |
| 1. |
Filing of request |
| |
Request received by CRP Secretary with requisite basic information |
25 May 2011 |
Request for compliance review [PDF]
(attachments are available upon request from CRP Secretary at crp@adb.org) |
| 2. |
Registration and acknowledgement of request |
| |
Registration of request |
2 June 2011 |
|
| |
Notice of registration and acknowledgement sent to Requester |
2 June 2011 |
Notice of Registration [PDF] |
| |
Press advisory on registration of request |
3 June 2011 |
Press Advisory [PDF] |
| 3. |
Determination of eligibility of request |
| |
Eligibility of request reviewed by CRP |
|
Reviewed; Eligibility mission held on 16 June 2011 |
| |
CRP report on its review of eligibility submitted to Board |
20 Jun 2011 |
CRP determines request is eligible and recommends to the Board to authorize compliance review. |
| |
CRP informs Requesters of its decision |
21 June 2011 |
|
| 4. |
Board authorization of compliance review |
| |
Board authorization of compliance review |
11 July 2011 |
|
| |
Receipt of Board's authorization of compliance review |
12 July 2011 |
|
| |
Requesters informed of Board's decision |
14 July 2011 |
|
| |
CRP report on eligibility and Board's decision posted on website |
14 July 2011 |
Report on Eligibility [PDF] and Board's decision [PDF] |
| 5. |
Conducting the compliance review |
| |
CRP provides Draft TOR to BCRC for clearance |
21 July 2011 |
|
| |
BCRC's clearance of TOR |
28 July 2011 |
|
| |
TOR provided to the Board and the Requesters; and posted on website |
28 & 29 July 2011 |
TOR for Compliance Review [PDF] |
| |
Investigation |
|
Completed; Site visit held on 15-16 September 2011 |
| 6. |
CRP Draft Report |
| |
Issued and sent to Management and Requesters |
20 January 2012 |
|
| 7. |
Management Response and Requester Response to CRP Draft Report |
| |
Management Response received |
23 February 2012 |
|
| |
Requesters Response received |
20 February 2012 |
|
| 8. |
CRP Final Report |
| |
Issued to the Board for final decision |
12 March 2012 |
|
| |
Requesters informed of issuance |
13 March 2012 |
|
| 9. |
Board's Decision |
| |
Board Meeting |
2 April 2012 |
|
| |
Board's Decision |
11 April 2012 |
Board's
Decision [PDF] |
| |
Board's Decision & CRP Final Report sent to Requesters and posted on website |
11 April 2012 |
CRP Final Report [PDF] (Management Response and Requester Response to CRP Draft Report are attached) |
| 10. |
Post-decision Monitoring |
| |
Draft 1st CRP Annual Monitoring Report forwarded to BCRC for review |
25 June 2013 |
|
| |
CRP 1st Annual Monitoring Report issued |
12 July 2013 |
1st Annual Monitoring Report [PDF]
Report sent to Requesters |
| |
Draft 2nd CRP Annual Monitoring Report forwarded to BCRC for review |
22 July 2014 |
|
| |
CRP 2nd Annual Monitoring Report issued |
5 August 2014 |
2nd Annual Monitoring Report [PDF]
Report sent to Requesters |
| |
Draft 3rd CRP Annual Monitoring Report forwarded to BCRC for review |
31 July 2015 |
|
| |
CRP 3rd Annual Monitoring Report issued |
17 August 2015 |
3rd Annual Monitoring Report [PDF]
Report sent to Requesters |
| |
CRP 4th Annual Monitoring Report issued |
17 August 2016 |
4th Annual Monitoring Report [PDF]
Report sent to Requesters |
| |
CRP 5th Annual Monitoring Report issued |
13 November 2017 |
5th Annual Monitoring Report [PDF]
Report sent to Requesters |