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…
Tag: hydropower
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…
DoE lists 209.8 MW worth of hydro projects in pipeline
THE Department of Energy (DoE) said a total of 209.8 megawatts (MW) in new capacity from hydropower sources will become available between this year and 2020. The bulk of the projects, at 134.2 MW, will be coming from six projects in Mindanao. Luzon will be delivering a total of 62.5 MW from three projects, while…
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…
AboitizPower adding 800 MW to balance generation portfolio
Aboitiz Power Corp. is completing over 800 megawatts (MW) of power projects this year – from renewable energy developments to coal-fired power plants – as it pursues to balance its energy portfolio by 2020. The company is set to complete five projects with a total capacity of 828.3 MW this year which underlines the company’s…
Meralco-REDC partnership starts P2.7-B hydro project
The team-up of Manila Electric Co. (Meralco) and Repower Energy Development Corp. (REDC) have started works on the P2.7-billion hydropower project in Bukidnon. The partners recently held a ground breaking ceremony for the 10.6-megawatt (MW) run-of-river hydropower project in the Pulanai River. Pure Meridian Hydropower Corp. (PMHC), the joint venture company, will oversee and operate…
Hedcor seeks IP consent for Benguet hydro plant
Hedcor Inc., a unit of Aboitiz Power Corp., is securing the approval of the indigenous people (IP) to put up the 45-megawatt (MW) Kabayan run-of-river power project in Benguet. Hedcor is currently undergoing Free Prior and Informed Consent (PFIC) process – led by the National Commission on Indigenous Peoples (NCIP) – for the proposed 45-MW…
Global Business Power Corp. looks to build coal-fired plant in Negros island
Global Business Power Corp. (GBPC) is looking at Negros island as the next site to build a coal-fired power plant after its unit Panay Energy Development Corp. (PEDC) officially launched on Wednesday its 150-megawatt (MW) expansion here. “In Negros, there are talks there that they wanted to put up a power plant. We’re very much…
New projects to deliver 6,000 MW of capacity
NEW power projects with a combined capacity of 6,161 megawatts (MW) are expected to come on-stream between this year and 2020, latest data from the Department of Energy (DoE) showed. Of the committed capacity, as tallied by the DoE as of Sept. 30, more than 60% or 4,001 MW will be in Luzon. Mindanao will…
Meralco firms up entry into hydropower
Manila Electric Co. (Meralco) is firming up its entry into hydropower sector after it forged a partnership with Blue Energy Holdings and Management Corp., a company owned by the Tiu family. Meralco disclosed yesterday it signed a joint venture (JV) agreement and shareholders’ agreement with Blue Energy. Under the JV deal, both companies will put…
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….
DOE speeds up processing of RE project applications
THE DEPARTMENT of Energy (DoE) has issued revised guidelines for the processing of applications, amendments and termination of renewable energy service or operating contracts that set the number of days for its staff to act on an applicant’s proposed project. Department Order 2016-06-0010, signed by former DoE Secretary Zenaida Y. Monsada on June 24, 2016,…