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| (Courtesy CIA.gov) |
The Philippines Department of Energy (DOE) has awarded 10 new areas of development for hydropower and geothermal projects via its open and competitive selection process (OCSP) scheme of contracting.
Of the ten, two areas were set for geothermal resource developments. The winning bids had been bestowed for Area 2 Southern Leyte undertaking to Repower Energy Development Corporation; and Area 3 for Amacan venture to Energy Development Corporation.
Meanwhile, the DOE indicated that it failed to receive bids for two areas for geothermal in Acupan-Itogon and Balut Island projects.
