The 12MW expansion costs around $38m.
Philippines-based PetroEnergy said that the 12MW expansion of the Maibarara 2 geothermal plant will finally be completed by the fourth quarter. The upgrade is estimated to cost around $38m.
Power generated from the geothermal project will be sold to Phinma Energy.
The plant, which began operating in 2014, currently has a capacity of 20MW.
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