The Generadora Gatún combined cycle power projectis located in Colón, the capital city of Colón Province in Panama. The project site is situated on Telfers island, near the Colón port, adjacent to the Pana.
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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㎥.
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.
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.
When will a Panama plant start in 2023?
In February 2023, Panama's public service authority ASEP extended the plant's license for another year, calling for commercial startup to begin no later than March 1, 2024.