Establishing the Power Plant Contracts for the Leyte Geothermal Power Project
- Key words
- Leyte, geothermal, power plant, contracts, BOT, BOO
- Location
- Leyte, Philippines
- Conference
- World Geothermal Congress
- Year
- 1995
- Session
- SECTION 14 - Economics, Financing, Marketing and Training
- Language
- English
- Paper number
- 4-Javellana
Full text
Opens in a new tab
Abstract
This paper describes the process whereby PNOC-EDC, as resource developer and host utility, established a number of Build, Operate, Transfer (BOT) contracts for the power plants involved in the Leyte Geothermal Power Project. It the project itself and describes some of the issues involved in selecting the strategy for establishing the contracts The bidding, evaluation and award processes are outlined and a number of lessons are drawn from the experience gained, these lessons being of significance both hosts and prospective private sector developers. It concludes that the establishment of the contracts has been well executed and emphasises that maintaining a very short timetable for bidding is a definite advantage.
Copyright 1995, International Geothermal Association. Readers who download papers from this site should honour the copyright of the original authors, and may not copy or distribute the work further without the permission of the original publisher.