Davao LGU to put 1.5MW hydro plant | Inquirer Business

Davao LGU to put 1.5MW hydro plant

/ 10:17 PM November 09, 2012

MANILA, Philippines—The local municipal government of Malita in Davao del Sur is putting up a P311-million, 1.5-megawatt run-of-river Malita mini-hydropower plant to help address the growing electricity requirements of its residents.

The power project, which is set to start commercial operations by the second quarter of next year, will be funded by a P283-million loan from the Development Bank of the Philippines (DBP). The fund will be released upon the approval of Malita’s renewable energy supply agreement with Davao del Sur Cooperative Inc. (Dasureco).

The remaining P28.3 million will be sourced from the yearly budget of the Malita municipal government.

ADVERTISEMENT

Malita explained to the Energy Regulatory Commission in a letter dated July 5 that the approval of its power supply agreement with Dasureco would help expedite the implementation of the project as it would be able to complete its compliance with the loan requirements of the DBP.

This was the reason why the ERC decided to grant a provisional approval for the 25-year power supply agreement, which would allow Malita to supply Dasureco at least 600,000 kilowatt-hours monthly.—Amy R. Remo

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Davao del Sur, Electricity Production, Energy, hydropower plant, local government units, Philippines - Regions

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.