The Department of Energy (DoE) said it is open to the idea of the Agus-Pulangi hydroelectric power complex in Mindanao to being rehabilitated before its eventual sale to the private sector.
“We have more than enough [power supply] in Mindanao. Having more than enough it would be an opportune time to rehab,” Energy Secretary Alfonso G. Cusi told reporters.
He said it would be unfortunate if the winning bidder for the government asset decides to simply “park” the facility instead of use it to produce power.
The Agus hydro power asset has an installed capacity of at least 700 MW.
The biggest plant in the complex is 200-MW Agus VI in Iligan City, Lanao del Norte, which has five operating units, two of which have a capacity of 25 MW each and the rest with 50 MW each.
The Pulangi hydroelectric power plant in Maramag, Bukidnon has three units each with an installed capacity of 85 MW.
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Winnergy Holdings Corp. 