Maibarara geothermal power project gets ECC


Posted at Aug 11 2010 05:23 PM | Updated as of Aug 12 2010 01:23 AM

MANILA, Philippines - PetroEnergy Resources Corp. (PERC) has been given an Environmental Compliance Certificate for its 40-megawatt Maibarara Geothermal Power Project, the publicly listed firm told the Philippine Stock Exchange.

PERC will develop Maibarara in Calamba, Laguna and Sto. Tomas, Batangas, and intends to commission the first 20 MW integrated steamfield and power plant by late 2013.

PERC and its environmental consultant, SMEC Inc., conducted the baseline environmental studies alongside initial consultation with local government units after the Department of Energy awarded the Maibarara service contract last February 1.

The environmental examination report was submitted to and accepted by Department of Environment and Natural Resources - Region 4A on July 8.

The ECC given to PERC covers the 4 major phases of the Maibarara project: well work-over and drilling, installation of the fluid collection and reinjection system, power plant construction, and the erection of transmission facilities.

The ECC requires PERC to establish an environmental guaranty fund, and undertake mitigating measures whenever necessary in each phase of the project.

PERC president Milagros Reyes said: "Achieving this milestone is a testament to our continuing and meaningful collaboration with public agencies and private partners alike. With the ECC issuance, PERC and our partners will now prepare for the work-over of the wells scheduled late this year to early next year. Naturally, our consultation with local communities and stakeholders will continue."

Maibarara is the first among the 9 geothermal service contracts awarded last year to obtain an ECC for the entire scope of project development.

"The release of the ECC for the Maibarara shows that environmental protection and community consultation are paramount considerations in DOE's projects," said DOE assistant secretary Mario Marasigan.