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.


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