Energy Development Corporation - EDC eyes to spend up to P30B to drill 40 geothermal wells through 2026
Global Renewable News
JUNE 9, 2025
EDC) plans to invest up to P30 billion to drill 40 new wells through 2026, its president said. "Our Last year, EDC drilled 24 new wells, with six more scheduled for this year and five in 2026, he said. Our total estimate for the 40 wells is around P30 billion," EDC President and Chief Operating Officer Jerome H.
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