Biliran Geothermal, Inc. (BGI) has committed to hastening the construction of the geothermal power plant in the aftermath of the tropical storm that hit the island province in Eastern Visayas.
Based on latest data from the Department of Energy (DoE), BGI is building a 50-MW geothermal power plant in Biliran with a project cost of $208.021 million.
A source at the company said BGI is speeding up the forging of power supply agreements (PSA) to give it a ready market for its output, especially the first 10 MW. The PSAs will be the go-signal for the start of the power plant construction.
The DoE data listed different expected commercial operation dates for six units of the project. The first two units, each at 5 MW, are targeted to be completed by September 2018 and March 2019, respectively. The rest are scheduled to be finished between July 2021 and July 2023.
From Global Geothermal News archives:
- Thursday, May 11, 2017 - Philippines: 10 MW Biliran Geothermal Plant Plans to be Commissioned in September 2018
- Monday, January 30, 2017 - Philippines: Acidity Problem Solved at Biliran Geothermal Plant
- Monday, April 18, 2016 - Philippines: More Funding for Biliran Geothermal Power Project
- More news articles on the Biliran geothermal power project..........
