Ifugao province plant power generation component to cost $420M

SN POWER Philippines, Inc. has estimated the cost of the power generation component of a hydroelectric power complex it is developing in Alimit, Ifugao province with the Aboitiz group at $420 million, a company official said. The hydro project is 390-MW complex composed of three facilities — the 120-MW Alimit hydropower plant; the 250-MW Alimit pump-storage plant; and the 20-MW Olilicon hydropower plant. SN Aboitiz Power-Magat is a unit of AboitizPower. Read more here.

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