EPI will become the sole supplier of geothermal energy for the entire island of Mindoro after it recently agreed with Oriental Mindoro Electric Cooperative Inc. (Ormeco) on a similar deal.
EPI is expected to sign the power- supply agreement (PSA) with Omeco on February 28, said its spokesman Gani Capaning.
Under the agreement, EPI will provide 20 MWe to Omeco to be sourced from its $180-million Montelago geothermal power facility in Oriental Mindoro. EPI also supplies 20 MW to Ormeco.
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