PowerGen Remains Future-Focused at 30-Year Milestone
February 1st, 2024
The Power Generation Company of Trinidad and Tobago Limited (PowerGen) is Trinidad’s leading independent power producer (IPP). Since 1994, we have been powering the progress of the Nation, making us the longest serving IPP. We make available over 50% of the power generation capacity (1 gigawatt) and currently supply 3.5 billion (kWh) kilowatt hours annually to the national grid from our Pt. Lisas and Penal Power plants. Our shareholding consists of the Trinidad and Tobago Electricity Commission (T&TEC) with 51%, MaruEnergy Caribbean LLC, a subsidiary of the Marubeni Corporation, with 39% interest, and National Enterprises Limited (NEL) with 10% interest.
We are proud of our in-house technical expertise, which is of a global standard. Our over 250 employees share our vision to create a future that is environmentally conscious, socially responsible and economically viable. Our commitment to T&T goes beyond just meeting energy demands but also includes our corporate citizenship as an integral part of who we are as an organisation. We have proudly sponsored cricket at the national league level, as well as secondary schools’ cricket for over 25 years positively impacting the lives of over 100,000 students. We have supported special children’s schools across the country, provided scholarships for students pursuing engineering courses at The University of the West Indies, and vocational training, amongst other causes. These initiatives help to energise one of our core values, “We Care for Our Country”.
We are enthusiastic about the much needed energy transition and associated business opportunities that would capitalise on all our resources to the benefit of all stakeholders. We believe that a collaborative approach is the key to shaping the future of energy in Trinidad and Tobago and we are eager to support the Government and stakeholders in the thrust for power sector transformation. This not new to PowerGen, since 1985 our Penal Plant has utilised waste heat from gas turbines to generate steam for additional power generation and improved overall energy efficiency. We are working tirelessly on ensuring the reliability of our assets, as we pursue the reduction of our carbon footprint and maximisation of the efficient use of natural gas.
As we look forward to celebrating our 30th Anniversary in 2024, we remain steadfast in our commitment to shaping the future of energy in Trinidad and Tobago.
POWERGEN HEAD OFFICE
Caspian Drive, Pt. Lisas Industrial
Estate, Pt. Lisas, Trinidad W.I.
Phone: (868) 636-2525
Email: [email protected]