Palinpinon I and II are about five kilometers apart. Commissioned in 1983, Palinpinon I is composed of three 37.5 MW steam turbines with a total rated capacity of 112.5 MW.
Palinpinon II consists of 20 MW Nasuji, 20 MW Okoy 5, and Sogongon power plants. Nasuji was commissioned in 1993, while Okoy 5 was commissioned in 1994. Sogongon is composed of the 20-MW Sogongon 1 and 20-MW Sogongon 2 and was commissioned in 1995.
Tongonan Geothermal Power Plant consists of three 37.5-MW units and is located in Sitio Sambaloran at Barangay Lim-Ao in Kananga, Leyte. The plant was commissioned in 1983.
EDC supplies steam to both the complexes.
EDC had said that the Palinpinon-Tongonan acquisition will help the company in becoming the leading geothermal producer, allowing it to overtake Chevron Corporation’s yearly output of 1,273 MW.
EDC Chief Operating Officer Richard B Tantoco said “On Palinpinon, the priority is to rehabilitate and bring it back to its rated capacity of 192.5 megawatts”.
“On Tongonan, we want to bring it back to 112 MW [as] it is currently at 84 MW,” Tantoco added.
Tantoco said that EDC has obtained financing for the required 40% deposit for the plant, and would then avail of the 60% staple financing of the state-led PSALM.
The target is to take over by the fourth quarter, Tantoco said.
