41936-014: ACQUISITION AND REHABILITATION OF THE MASINLOC COAL- FIRED THERMAL POWER PLANT
Project Data Sheet (PDS): Overview
The Project will aid the privatization efforts of the government undertaken to promote competition and efficiency in the power sector and to correct the country s fiscal imbalance. In addition, the Project will increase the electricity supply, improve the operating efficiency of the plant, and bring the plant s environment, health, and safety standards up to global standards. Read More
|Borrower/Equity Investment Name||MASINLOC POWER PARTNERS CO. LTD.|
|Type or Modality of Assistance||
|Financing||Private sector (Nonsovereign)|
|Approval Date||15 Jan 2008|
|Closing Date||15 Feb 2023|
|Geographical Location||Zambales Province, Philippines|
|Subsector||Conventional energy generation|
Indigenous People: C
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.