Privatization
Remaining Power Assets

List of Remaining IPP Contracts for Transfer to IPPAs
(as of 30 June 2016)

PLANT NAME TYPE OF CONTRACT IPP OPERATOR END OF COOPERATION PERIOD CONTRACTED CAPACITY INDICATIVE BID DATE
Unified Leyte GPP BOT/PPA Energy Development Corporation (EDC) 25 July 2022 Bulk Energy - 160.00*
Security Strip - 40.00
2017 (Subject to DOE’s policy direction)
Mindanao Coal-Fired Power Plant BOT/PPA STEAG State Power Inc. 15 November 2031 200.00 2017 (Subject to DOE’s policy direction)
Caliraya-Botocan-Kalayaan Hydroelectric Power Plants BROT/PPA CBK Power Company Ltd. 07 February 2026 728.00 2017 (Subject to DOE’s policy direction)
Casecnan Multi-Purpose Project BOT/PPA California Energy Casecnan Water and Energy Company, Inc. 05 April 2022 140.00 Privatization is under DOF review
Benguet Mini-Hydroelectric Power Plant BOO/PPA Hydro Electric Development Corporation (HEDCOR) 30 January 2018 30.75 IPP contract will expire in January 2018
Total Capacity 1,298.75 MW

* Based on the average daily declared capability by EDC of about 400 MW, less the 200-MW sum of Strips of Energy and 40-MW security capacity.