Grimur Bjornsson, reservoir engineer of Orka Energy-Biliran Geothermal Incorporated, reported a “possible generating capacity of 200 MW” based on his report on the resource possible and proven potential.
He also reported that the current drilling campaign is expected to prove 50-100 MW generating potential within the next 12 months.
Orka-BGI is currently drilling the third exploration well as provided in the approved provincial ordinance allowing the conduct of drilling of three exploration wells in Barangays Cabibihan and Villavicenta in Caibiran town.
Construction of the power plant should start by July this year and be completed in two years.
Read More......
