TeaM Energy bags power producer's gold award

SUAL, Pangasinan, Philippines  – TeaM Energy’s 1,218 megawatt (MW) power facility in this town has been named independent power producer (IPP) of the year (Gold Award) at the 2010 Asian Power Awards given by the prestigious Singapore-based Asian Power Magazine.

The  award was received by Takao Onuki, executive vice president-finance, Ruben Licerio, vice president for operations  and station manager of Sual power station, together with Nicanor Ramos Jr., manager for technical training.

“This is a testament not only to the world-class workforce we have at the Sual power station, but also to what Filipinos can achieve at the global level,” Federico Puno, president/CEO of TeaM Energy said.  

Puno said the new accolade will further inspire the company to run its power plants with the “most stringent of global standards” and to deliver on its commitment to provide reliable and cost effective energy to help address the country’s development needs.

 “The men and women of the Sual Power Station best represent what Filipinos have to offer in terms of a highly-skilled and technical work-force. We at TeaM Energy are very proud of this,” he added.

TeaM Energy is a partnership between Tokyo Electric Power Company and Marubeni Corporation. It is one of the largest IPPs in the country with over 2,000 MW of generating capacity.  

It also operates the 735 MW clean-coal facility in Pagbilao, Quezon and has a 20 per cent stake in the 1,200 MW natural gas-fired plant in Ilijan, Batangas. 

Asian Power Magazine gives the award to IPPs with the best practices in Asia’s power industry.