ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Companies

Marubeni to help build smart grid in Philippines

Project with power providers for green city at former US base site

Manila Electric workers balance on power grid lines. The utility is joining with Japanese companies to build a smart grid for a city under construction in the Philippines.   © Reuters

TOKYO -- Japanese trading house Marubeni said Thursday that it will team with Kansai Electric Power and Chubu Electric Power to efficiently deliver electricity to a Filipino green city being built on the site of a former U.S. military base.

The companies will build a smart grid for New Clark City containing 45 km of power lines and about 30,000 electricity meters that can transmit data. The city's power needs are projected at 250 MW. Power will first be supplied to events in the city related to the Southeast Asian Games, which the Philippines is hosting this year.

The project has already received government approval. A joint venture with Manila Electric and the Philippines' Bases Conversion Development Authority will be formed to supply electricity for 25 years from 2019. Marubeni will own 18% of the new entity while Kansai Electric and Chubu Electric will each take 9% stakes. Manila Electric will control 54%. The total investment amount was not disclosed.

New Clark City is located 120 km northwest of the capital Manila. The government expects a population of 1.2 million by 2065.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends June 30th

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media