Maibarara Geothermal Plant Expansion is On Track (Manila Standard Today)
Maibarara Geothermal Inc. said Wednesday it will proceed with the P1.3-billion expansion of the 20 MW geothermal power plant in Batangas.
Maibarara Geothermal president Francisco Delfin Jr. told reporters the company started drilling two steam wells last year to expand the project by another 10 MW. The wells are undergoing testing “to determine how much capacity it can accommodate.”
“Testing is ongoing…In the next two weeks, we believe that we have sufficient steam based on reserves estimation for the 10-MW expansion,” Delfin said.
He said the company would proceed with the financial closing for 70-percent of the project cost. Construction will start soon after that, in line with the target of completing the project by July 2017, he said.
The 20 MW Maibarara geothermal project in Sto. Tomas, Batangas started commercial operation in early 2014.
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