San Miguel eyes Philippine diesel power plant

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January 20, 2009

Phillippine food and beverage group San Miguel Corp said on Tuesday it was interested in buying the government’s 620-megawatt diesel power plant in northwestern Bataan province in line with its move into heavy industry. San Miguel told the stock exchange its energy unit, San Miguel Energy, has formally advised the government of its interest to buy the combined cycle power plant in Limay, Bataan. Jose Ibazeta, president of the agency overseeing the sale of government power assets, said the Phi
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