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Initial plans after removal of Sucat power plant bared

Talks are underway for potential projects that may rise in the Sucat Thermal Power Plant (STPP) site in Muntinlupa City after the impending removal of the plant structures, the Power Sector Assets and Liabilities Management (PSALM) Corp. said recently.
“Dismantling the Sucat plant will pave the way for the rise of a new development project that will benefit the host community and the country, in general,” PSALM officer-in-charge, Lourdes Alzona, said.
Initial discussions include transforming the site as a location for an energy related project, a transportation hub, or an economic zone.
The winning bidder, Riverbend Consolidated Mining Corp., will carry out the disposal of the plant structures. It has fully paid PSALM the purchase price of the decommissioned asset in the amount of P305.2 on July 31.
With the satisfaction of closing deliveries, the asset turnover was held on Aug. 2, 2017. The day also marked  the start of the 30-month implementation period for Riverbend’s dismantling and clean up obligations.
In the asset sale provisions, Riverbend is obliged to dismantle the STPP and return the current site to ground zero, free and clear of wastes, toxic substances, debris and structures.
PSALM will also proceed with the decommissioning of the pipeline embedded in the plant site that connects the Sucat Plant, Rockwell Power Plant and the Manila Thermal Power Plant.                                  

1 comment

  • clean start

    It is always just so exciting to discover decent information like this with all the unnecessary material that's out there. After all, you can just tell that alot of time and patience with into this. Do you work with content writers or do you compose your own material?

    clean start Friday, 11 August 2017 05:51 Comment Link

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