• Developed as an IPP by Korea Electric Power Company (KEPCO) on a BOT basis, Ilijan will be one of the largest private power plants in the Philippines, and one of the largest combined cycleplants in Asia

• 2x600 MW combined cycle power plant (MHI 501G), including associated 58 kilometer transmission line interconnection facilities 12 kilometer gas supply pipeline

• K&M serves as Owner’s Engineer. Facilities are currently under construction after achieving financial close in early 2000.

Pre-Construction activities included:

• Assessment and technical/commercial negotiation of the Engineering Procurement and Construction (EPC) Contract, including:
  • the contractor's scope of work;
  • credibility of the contractor's work schedule and corresponding pricing;
  • defining the hard and soft costs on the project; and
  • appropriateness of the EPC terms and guarantees.

• Assessment and technical/commercial negotiation of the Energy Conversion Agreement (ECA) Contract, including:
  • appropriateness of the ECA terms and guarantees; and
  • defining the hard and soft costs on the project.

• Coordination of risk mitigation between the ECA and EPC contracts.