Panama Colon Energy Storage Power Station Project

How will POSCO E&C's Colon power plant work?

POSCO E&C will also construct a gas terminal with a storage capacity of 180,000㎥. Power produced from the Colon combined cycle power plant can be supplied to around 15 million households simultaneously, which will ensure a stable supply to the industrial complex near the Panama Canal and Colon area.

Where will POSCO E&C build a combined cycle power plant?

POSCO E&C will build the combined cycle power plant with generating capacity totaling 380 MW and the LNG terminal with a capacity of 180,000 m3, located in Colon the Panamanian city and sea port beside the Caribbean Sea.

What is the largest power plant in Panama?

The power generation capacity of Colon CCPP—380MW—is the largest in Panama. The plant is located in Colon, which lies near the Atlantic entrance to the Panama Canal and is about 60km north of Panama City, the capital of the country. POSCO E&C will also construct a gas terminal with a storage capacity of 180,000㎥.

Where will a new energy plant be built in Panama?

The plant, owned and operated by Consortium Group Energy Gas Panama which includes private companies InterEnergy Group and AES Panama, will be built in Telfers Island, near the port of Colón, next to the Panama Canal.

How did GE contribute to the construction of the Panama Canal?

GE produced about half the electrical equipment needed during construction of the Panama Canal and participated in the construction of the power plants that provided the canal with electricity and engineered the centralized control equipment for the locks. ### For more information, contact:

When did POSCO E&C start building power plants in Latin America?

Meanwhile, POSCO E&C made its first inroad into Latin America in 2006, with the construction of a coal-fired power plant (CFPP) in Ventanas, Chile, which was awarded by AES. It was the first time for a Korean construction company to build a power plant in Latin America.