Mario C. Marasigan, director for Renewable Energy Management Bureau, said BGI has already sought the agency’s green light to proceed with the project.
“BGI has declared commerciality. We are currently evaluating their declaration,” Mr. Marasigan told reporters on the sidelines of a solar project inauguration in Manila.
“Once confirmed by the DoE, it can proceed with construction. It is still projected to be completed by 2016,” he added.
The official said initial resource estimates of BGI showed that the steam in the concession area can support a 40-50 MW power plant.