Project Description
The Operator shall be responsible for the finance, design, supply, construction, testing and operation of an approximately 200 MW gross geothermal Power Plant, to be installed on the Site, whose net generation shall be delivered to NPC on behalf of PNOC-EDC during the Cooperation period.
Implementing Agency
Philippine National Oil Company – Energy Development Corporation (PNOC-EDC)
Contractual Arrangement
Build-Operate-Transfer (BOT)
Region
- Region VIII - Eastern Visayas
Sector
Power
Estimated Project Cost During Approval
Php 15.276 Billion
Procurement Mode
Solicited
Contract Term
10 years
Implementation Mode
National
Private Proponent
Magma Power Company
Status
Concluded
