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Project seeks to assist in meeting the rapidly increasing demand for electrical power using technology that substantially reduces greenhouse gas (GHG) emissions. The National Power Corporation (NPC) components of the project include the interconnection of electrical power systems of Leyte and Luzon Islands and the strengthening of the environmental and social engineering departments of NPC. The Philippine National Oil Company (PNOC) components of the project include the construction and operation of a 440 MW geothermal electric generation plant under a BOT contract, reinjection of waste gases to further reduce GHG emissions, and connection of the power station to the national grid.
Financial mechanism
GEF
Date of approval
Status
Completed
Countries
Managing organisations
Philippines National Oil Co. (PNOC) and National Power Corporation (NPC)
Implementing organisations
World Bank
Project ID
80
GEF project type
Full size
GEF project phase
Pilot Phase
GEF Cofinancing
$1.303.600.000
GEF project grant
$30.000.000
Executing Agencies
Philippines National Oil Co. (PNOC) and National Power Corporation (NPC)