Republic of the Philippines

Public-Private Partnership Center

Leyte-Cebu Geothermal Power Plant

Project Brief
Implementing Agency

Philippine National Oil Company – Energy Development Corporation (PNOC-EDC)

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.

Project Cost

USD 305.53 Million

Procurement Mode

Solicited

PPP Structure

Build-Operate-Transfer (BOT)

Cooperation Period

10 years

Region

  • REGION VIII - EASTERN VISAYAS

Sector

Power

Private Proponent

Magma Power Company

Status

Concluded