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PIA Press Release
2007/09/24

PGMA's visit to Leyte showcases her pursuit of countryside development

Tacloban City (September 24) -- President Gloria Macapagal Arroyo pursues her countryside development thrust with her visit to Ormoc City in the province of Leyte on September 25.

President Arroyo's visit to Leyte comes after she signed the Executive Order creating the "Generating Investments Geothermal Area." The still unnumbered executive order converts the geothermal areas in Tongonan in Leyte, Mt. Apo in Davao, Bago in Negros Occidental, Palinpinon in Negros Oriental, Bacon-Manito in Sorsogon, Tiwi in Albay and Makban in Laguna as economic zones where companies can choose their power supplier under the open market system.

Cheap power by itself is already enough powerful draw but we will make it more irresistible by throwing in more fiscal incentives which an ecozone is allowed to grant" she explained, adding that it involves synergy. "If we build they will come."

While in Leyte, the President is scheduled to meet with local government executives, officials of the Armed Forces of the Philippines and the Philippine National Police, the energy sector and the members of the media during the short program which will be highlighted by the President's witnessing the hand-over of four geothermal plants to PNOC-EDC by Ormat Leyte Company, Ltd.

At the airport, the President will be met by City Mayor Eric Codilla, Leyte Vice Governor Mimyet Bagulaya, 4th District Representative Eufrocino Codilla Sr., Presidential Asst. for Eastern Visayas Victor Domingo, the AFP Commanding General Major General Armando Cunanan and the PNP Region 8 Regional Director Chief Supt. Abner Cabalquinto.

From the airport, the President and her Party will proceed to the PNOC-EDC Gymnasium for the hand-over program. At the entrance, the President will be received by PNOC-EDC President Paul Aquino, PNOC-EDC Chair Antonio Cailao, DOE Secretary Angelo Reyes, Ormat Leyte Co., Ltd President Dita Bronicki, Ormoc City Vice Mayor Nepumuceno Aparris and Kananga Mayor Elmer Codilla.

The four Leyte Optimization Geothermal Power Plants are renewable energy projects which were built under the Build-Operate-Transfer Law. These projects were designed and operated by Ormat Leyte Co., Ltd., an affiliate of Ormat Technologies Inc. and are being turned over to the PNOC-EDC after ten years of consistent excellent operations under stringest safety and environmental standards.

The 51 megawatt Optimization Geothermal Power Plants consists of four plants namely Mahanagdong A & B Topping Clycle Plants, Tongonan Topping Cycle Plant and the Malitbog Botoming Cycle Plant located in the town of Kananga-Leyte and Ormoc City.

The geothermal plants provide power to the National Power Corporation for distribution to Cebu through the Leyte-Cebu Transmission Interconnection Project and to Luzon through the Leyte-Luzon Interconnection Projects. (PIA 8) [top]

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