Lopez-owned Energy Development Corporation (EDC) already ramped up to 75 megawatts the second unit of its Malitbog power plant, a component of its Unified Leyte geothermal portfolio.
“EDC has successfully energized another unit of the Malitbog power plant, with an additional capacity of 75MW,” the company has noted in its disclosure to the Philippine Stock Exchange.
The company added “said unit is now on start-up mode and under reliability and other tests.”
The first unit of the Malitbog plant for another 75MW was put back on-line last January 2.
Earlier disclosures made by the Lopez firm had been the resumption of operation of its 112.5-MW Tongonan plant, which is also part of the 640-MW Unified Leyte facility.
The Unified Leyte facility comprised of the 125-MW Upper Mahiao; 232.5MW Malitbog; 180MW Mahanagdong and 51MW Optimization plants.
The plant suffered technical damages after it was hit by super-typhoon Yolanda in November. The company then re-assessed prospects of the facility’s return to operation.
Such force majeure event had been a major operational setback that prompted EDC to back out from its winning bid as independent power producer administrator (IPPA) for the Unified Leyte’s supply contract.
EDC President Richard B. Tantoco indicated that the government, through the Power Sector Assets and Liabilities Management Corporation (PSALM), may eventually decide to re-bid the “bulk energy component” of the Leyte plant’s IPPA.
The privatization set for the supply contract had been designed two-pronged: one had been for IPPA offers on strips of energy; and the other for the bulk energy.
EDC originally won the IPPA deal for the bulk energy, but it opted out after its facilities sustained damage from typhoon Yolanda’s wallop. source
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