Ten groups bid for management of massive Philippine power producer

Unified Leyte Geothermal plant has a combined capacity of 600 MW.

The government identified the contenders as Aboitiz Renewables Inc; DMCI Power Corporation; FDC Utilities Inc; Global Business Power Corporation; Marubeni Corporation; Philippine Associated Smelting and Refining Corporation; PowerOne Ventures Energy Inc; Trans-Asia Oil and Energy Development Corporation; Unified Leyte Geothermal Energy Inc and Vivant Energy Corporation.

The winning bidder will become the independent power producer administrator (IPPA) for the Unified Leyte Geothermal plant. This complex consists of the 125 MW Upper Mahiao; the 232.5 MW Malitbog and the 180 MW Mahanagdong power plants and the 51 MW optimization plants.

Located in Tongonan, Leyte province, the Unified Leyte plant is covered by power purchase agreements between state-owned National Power Corporation and the Energy Development Corporation.

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