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Philippines, San Roque - ph/14


Tamrock reports that Raytheon Constructors is using its computer-aided Maximatic 315-120 three-boom jumbos. Product information from www.tamrock.com January 2000.  Some 8.5 km of tunnel completed, comprising 60% of total. Initial poor rock conditions overcome and project back on schedule, largely due to 95% equipment availability. San Roque Power Corporation was formed by Sithe (50.05%), Marubeni (42.45%) and Kansai Electric (7.5%) to implement and operate the project for which overall cost is $1.2 billion funded one-third by Japan Bank for International Cooperation. Station will generate 345 MW for the Luzon grid under 25-year power purchase agreement using 3 x 115 MW turbines supplied by Toshiba. The Philippine Energy Plan requires another 5/6 hydro schemes similar to San Roque to meet its target of 114,000 MW by 2035. Because the National Power Corporation is to be privatised in the near future, these will be predominantly BOT schemes. March 2000.