Wednesday, October 11, 2017

Philippines: Company Gets More Time to Develop Kalinga Geothermal Power Project

Aragorn Power gets 1-year extension for $300-M Apayao geothermal project (Philstar)

The Philippines Department of Energy (DOE) has granted Aragorn Power and Energy Corp. (APEC), the power unit of Sy-led APC Group Inc., a one-year contract extension for its $300-million geothermal project in Kalinga, Apayao until September 24, 2018.

The project involves the development of steam fields that can generate around 100 MW of new capacity, providing an additional source of clean, indigenous and reliable baseload power to the Luzon grid.

“The surveys for the detailed engineering design of these roads and well pads have been completed. Accordingly, activities such as right-of-way negotiations, supplier bidding and contract preparations related to the road construction and drilling will follow,” APC said.

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