29.5 MW Bacon-Manito geothermal expansion recognised as project of national significance
Bacman Geothermal Inc., a subsidiary of EDC in the Philippines, has received recognition of its 29.5 MW Bacon-Manito geothermal expansion project as project of national significance. The project is in pre-development phase.
As reported this morning from the Philippines, the country’s Energy Investment Coordinating Council, through the Department of Energy, identified three investments as energy projects of national significance under Executive Order No. 30.
Among the projects, the DOE approved the CEPNS of Bacman Geothermal Inc., which is on the pre-development phase of its 29.5-MW Bacon-Manito geothermal expansion project.
BGI, subsidiary of Energy Development Corp., operates the 140-MW BacMan geothermal facility that straddles between Manito, Albay and Bacon, Sorsogon, and supplies clean and reliable power to the Luzon grid and retail electricity customers.
The DOE issued the CEPNS to the three companies on Oct. 30. It has so far issued CEPNS to 149 projects with estimated total investments of P794.52 billion. Alena Mae S. Flores“Out of 399 received applications, 149 were certified as CEPNS while 35 applications are still under evaluation. Total estimated investment for the 145 issued CEPNS is P794.52 billion,” the DOE data showed.
Source: Manila Standard