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Tuesday, September 15, 2015

Philippines: EDC Contracts With Hyundai to Build 31 MW BacMan 3 Geothermal Power Plant Project

EDC taps Hyundai as EPC contractor for BacMan 3 plant (The Manila Times)

Hyundai Vice President Chong Hyun Ha, EDC President &
COO Richard Tantoco, Galing Power Chairman Yoon Ho Chung
(Courtesy EDC)
Energy Development Corp. (EDC) has signed an engineering, procurement and construction (EPC) contract with Hyundai Engineering Co., Ltd. (HEC) for its 31 MW Bacon-Manito (BacMan) 3 geothermal power plant project.

The Lopez-led firm signed an engineering and design contract with Hyundai Engineering and a construction services contract with HEC affiliate Galing Power & Energy Construction Co. Inc.
HEC is an international engineering, procurement and construction contractor based in South Korea.

The Bac-Man 3 geothermal power plant is located in Barangays Capuy, Bucalbucan, Rizal and Bulabog, Sorsogon City, Sorsogon Province.

The project has an estimated project cost of P7.6 billion and is targeted to be completed and operational by the last quarter of 2017.

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