Senator wants Agus-Pulangui hydro complexes state-owned, professionally run

THE Senate energy committee prefers keeping the Agus-Pulangi hydroelectric power facilities in Mindanao in government hands, but with professional management from the private sector installed. “If ever, the Senate will keep Agus-Pulangi in the portfolio of government gencos (power generation companies),” said Sherwin T. Gatchalian, chairman of the Senate committee on energy in a recent…

Chinese firms in talks for new plants in Agus-Pulangi hydro complexes

Chinese companies are now in talks with the government and potential local private sector partners for the development of two additional hydroelectric power plants at the Agus and Pulangi complexes in Mindanao that could produce about 550 megawatts (MW) of new supply. Mindanao Development Authority (MinDA) Deputy Executive Director Romeo M. Montenegro said these two…

Surplus means rehab possible for Agus-Pulangi — DoE

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….

Energy department mulls options for Agus-Pulangi privatization

THE Department of Energy (DoE) is looking at other options on how Mindanao’s main power source, the Agus-Pulangi hydroelectric plants, will be privatized. Energy Undersecretary Felix William B. Fuentebella said the department is considering the transfer of the hydropower complex to PNOC Renewables Corp. (PNOC RC), a subsidiary of DoE-attached agency Philippine National Oil Co….

Aboitiz keen on plant auctions

THE ABOITIZ power group is keen on participating in auctions for the remaining power generation assets that the government is planning to privatize within the next three years, its top official said on Wednesday. This comes as the Power Sector Assets and Liabilities Corp. (PSALM) announced that it was targeting to privatize next year the…

NGCP energizes crucial line in Mindanao

National Grid Corp. of the Philippines (NGCP) has energized the crucial Agus 2-Baloi 138kV line after clearing right-of-way obstructions.  Read more here.