News

Negros Oriental and Green Core Geothermal sign new PPA

Negros Oriental and Green Core Geothermal sign new PPA Negros Oriental - Philippines
Francisco Rojas 11 Dec 2014

The new plant will ensure ample supply of electricity in the province, and will provide additional power

Local Philippine news state that The Negros Oriental 2 Electric Cooperative and Green Core Geothermal Inc. will sign an amended Power Sales Agreement at the Noreco 2 office in Dumaguete City tomorrow, to ensure stable supply in the franchise areas of the electric cooperative.

The signatories are Noreco 2 officials, headed by its general manager, Dionefred Macahig, and GCGI officials.

Earlier, Macahig said that Noreco 2 was negotiating with the GCGI for additional power that he projected will be finalized next year. He also lauded the Energy Development Corporation, a sister company of GCGI, for its new 49.8MW Nasulo geothermal plant in Valencia, Negros Oriental, that was inaugurated and became operational in September.

The new plant will ensure ample supply of electricity in the province, and will provide additional power in the Visayas grid, Macahig said.

EDC’s Palinpinon I and II geothermal plants in Valencia, Negros Oriental generated a total of 192.5MW before the launching of the Nasulo plant.

Source: Daily Star