DMCI Power to invest P1.2 billion in power projects this year

DMCI Power Corp. (DPC) is pouring in P1.2 billion this year to finance a number of power projects.

DPC President Nestor D. Dadivas said the amount is meant to augment the power firm’s existing generation capacity and to implement its scheduled maintenance programs in the provinces of Masbate, Oriental Mindoro and Palawan.

The company will partly tap local banks, such as BDO, BPI and PNB, to finance its investment.

Read more here.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s