LOPEZ-LED Energy Development Corp. (EDC) said Unit 3 of the Bacon-Manito (BacMan) geothermal power plants in Bicol is back online and should be able to contribute 20 megawatts (MW) to the region’s power supply.
The BacMan power plants are operated by Bac-Man Geothermal Inc. (BGI), a subsidiary of EDC. Unit 3 was shut down for maintenance work after a technical malfunction.
“BGI, which owns and operates the Bacman Power Plants, is already operating Unit 3 at 20 MW gross as of April 8 following the completion of repair works,” EDC said in a disclosure to the Philippine Stock Exchange (PSE) on Friday.
BacMan’s Unit 3 auto-tripped last March 5 which, by initial indications, was due to a minor
lube oil leak. The maintenance work included inspection of the possible effects of the leak on the turbine and generator bearings and other components.
EDC said spare parts were available on site and the partner-contractors were mobilized. During the shutdown, BGI also took the opportunity to initiate planned facility upgrades.
The Lopez-led EDC acquired the BacMan geothermal facility in 2010 in a state auction for P1.28 billion.
However, a good portion of the facility’s generating capacity has been experiencing mechanical troubles and needed to undergo rehabilitation work.
EDC and its subsidiaries are said to be the country’s leading producer of geothermal energy, accounting for more than 60 percent of total installed capacity in the country. The combined generating capacity of its geothermal facilities totals 1,130 MW.
EDC, formerly owned by state-run Philippine National Oil Co., is engaged in the exploration of resources, production of energy and distribution of power supply to smaller electricity distributors.