Nation


Geothermal power plant in Biliran island expected to start operation by April




Posted on March 27, 2017


BILIRAN GEOTHERMAL, Inc. (BGI) has completed the drilling of eight wells, which were found to have a capacity of about 100 megawatts (MW), and six of these are expected to start generating power supply by April, according to Mayor Edwin R. Masbang of Cabucgayan, one of the facility’s host towns. In an interview with reporters, Mr. Masbang said they are looking forward to the economic boost from the plant, which will come from lower electricity rates and royalties paid to the local government.

The mayor added that a reliable energy source would now allow local officials to encourage more investors into the island province of Biliran. “We will be inviting investors to our town for the development of our resources preferably in agriculture, fisheries and aquaculture, and tourism to improve our economy,” he said. BGI, 60% owned by Filipino-firm Emerging Power, Inc. and 40% by Orka Energy company from Iceland, holds a 25-year contract for the geothermal exploration and development, covering an area of 260 square kilometers. -- The Freeman