Subsidiaries

PNOC Energy Development Corporation

The PNOC Energy Development Corporation (PNOC-EDC) was established in 1976 to undertake the exploration and development of geothermal energy sources in the country. It is engaged in integrated power generation and the sale of steam to the National Power Corporation (NPC). It was PNOC-EDC that was responsible for making the Philippines the 2nd largest producer of geothermal steam and user of wet steam technology for energy production.

To date, PNOC-EDC operates nine geothermal steamfields with an aggregate capacity of 1,145 megawatts accounting for about 60% of the country's total installed geothermal capacity. Since its venture into the power generation business in 1997, it has significantly increased its contribution to the country's overall power generation. The company presently operates four power plants, which were built through the Build-Operate-Transfer scheme.

NATURE OF OPERATIONS:

Exploration, development, utilization, and marketing of geothermal and other viable energy resources.

DATE OF INCORPORATION:

March 5,1976

VISION:

Total energy company and world leader in geothermal industry.

MISSION:

To explore, develop, utilize, and market goethermal and other viable energy resources to support the country's energy needs, reduce dependence on imported fuel, and sustain economic growth under a deregulated and competitive power industry.

To market technical expertise and expand geothermal power production capability overseas in order to maintain eminent standing in the world.

BOARD OF DIRECTORS:

Chairman:
Pedro A. Aquino, Jr.
President & CEO:
Paul A. Aquino
Members of the Board:
Benito Jose Q. Bengzon
Benjamin F. Tugonon
Nicasio P. Rodriguez, Jr.
Asuncion J. Espina
Ralph A. Salazar
Danilo Luis M. Mariano
Independent Members:
Edgardo A. Bautista
Vicente S. Perez, Jr.
Eric O. Recto
Executive Officers:
President & CEO:
Paul A. Aquino
VP for Operations:
Marcelino M. Tongco
VP for Technical Services:
Manuel S. Ogena
VP for Corporate Services:
VP for Enviroment & External Realtions:
Agnes C. de Jesus

Contact Information

Address: PNOC Building 5, Energy Center, Merritt Road,
Fort Bonifacio, Taguig, Metro Manila, Philippines
Tel. Nos.: (+63 2) 893-6001 to 47 or 893-1320
Fax No.: (+63 2) 815-2747
Web Site: www.energy.com.ph