MANILA (AFX-ASIA) – Marubeni Corp is seeking to convert its build-operate-transfer contract with the Philippine government involving a power generation project into a 50-50 joint venture, PNOC-Energy Development Corp chairman and president Sergio Apostol. An existing 10-year contract with the state-owned PNOC-EDC allows Marubeni to operate a 104-megawatt geothermal power plant in southern Philippines until…
JAPAN: Marubeni seeks joint venture deal on power project with PNOC-EDC
Posted on September 2, 2002 by EnergyAsia