Philippine National Oil Company – Energy Development Corp
The project involved the design, supply, construction, financing, testing and operation of 200 MW power plants which utilize geothermal in the Greater Tongonan area of Leyte, comprising the Upper Mahiao and Malitbog sectors.
Php 2.30 Billion (USD 46.00 Million)
Solicited
Build-Operate-Transfer (BOT)
10 years (1997-2007)
Power
Ormat, Inc. (USA)
Concluded