Panama Colon Distributed Energy Storage Industrial Park

Where is the colon multi-thermal power plant project located?

(Photo:POSCO E&C) POSCO Engineering and Construction Co. (POSCO E&C) kicked off the construction of the Colon Multi-Thermal Power Plant Project in the Telfers Industrial Complex in Colon Province, Panama, in a ceremony on April 27 at the complex.

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㎥.

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.

Will POSCO build a power plant in Panama?

Under the contract, signed with Gas Natural Atlantico and AES subsidiary Costa Norte LNG Terminal, Posco will construct the combined cycle power plant, which is expected to be the largest of its kind in Panama. The power plant will generate electricity required to meet the energy needs of around 15 million households.

Where will POSCO build a power plant?

Under the agreement, POSCO will build a combined cycle power plant at Colon Province, 60km away from Panama City, Panama with the capacity to generate 380 MW and an LNG import terminal with a 180,000 cubic meters storage capacity, the company said in a statement.

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.