AboitizPower pursues hydro projects in Indonesia, Myanmar

Aboitiz Power Corp. is pursuing hydropower ventures in Indonesia and Myanmar as it looks to expand its business in Southeast Asia amid the oversupply situation in the Philippines, its top official said yesterday.

The two countries have the potential for several hundreds of megawatts of hydropower projects which will be the company’s focus for its overseas expansion, AboitizPower president and chief operating officer Antonio Moraza said.

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