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.
Project Cost
USD 630.45 Million
Procurement Mode
Solicited
PPP Structure
Build-Operate-Transfer (BOT) ; Energy Conversion Agreement (ECA)
Cooperation Period
10 years
Region
- REGION VIII - EASTERN VISAYAS
Sector
Power
Private Proponent
Ormat Inc. (USA)
Status
Concluded
