Leyte-Luzon Geothermal

Project Summary

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.

Project Details

GEF Project ID
80
Project Type
Full-size Project
Status
Completed
Country
Philippines
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
Philippines National Oil Co. (PNOC) and National Power Corporation (NPC)
GEF Project Manager

Financials

Project Preparation Grant Amount
0 USD
GEF Project Grant
30,000,000 USD
Co-financing Total
1,303,600,000 USD
GEF Agency Fees
0 USD
Total Cost 1,333,600,000.00 USD

Project Timeline

Received by GEF
Concept Approved
01 May 1991
Project Approved for Implementation
Project closed
30 Jun 1999