en.Wedoany.com Reported - Philippine Geothermal Production Co. Inc (PGPC) has been awarded a contract to develop the Southern Leyte geothermal power plant project under the Department of Energy's fifth round of Open and Competitive Selection Process for Renewable Energy (OCSP-5). Bidding documents indicate that the site has a development potential of 25 megawatts.

PGPC submitted the highest-ranked application and was thus awarded the project. In this bidding round, another geothermal project, Mt. Natib with a potential installed capacity of 48 megawatts, received no bids.

The company is actively seeking to develop greenfield geothermal sites in the Philippines. In 2025, PGPC announced the commencement of exploration drilling at the Mt. Malinao geothermal concession area in Albay province. Additionally, PGPC is evaluating geothermal prospects in Kalinga, Daklan, Cagua-Baua, and Mt. Labo. The Southern Leyte geothermal project expands PGPC's exploration footprint beyond Luzon.

PGPC previously stated its plan to double its geothermal power generation capacity from 300 megawatts to 600 megawatts within the next five years.

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