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 440 MW 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.
Estimated Project Cost During Approval
USD 630.45 Million
Procurement Mode
Solicited
Contractual Scheme
Build-Operate-Transfer (BOT) ; Energy Conversion Agreement (ECA)
Contract Term
10 years
Implementation Mode
National
Region
- REGION VIII - EASTERN VISAYAS
Sector
Power
Private Proponent
Ormat Inc. (USA)
Status
Concluded
