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SNAP prepares to increase presence in hydro sector

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SN Aboitiz Power Group (SNAP) is looking to further expand its power generation portfolio with plans to put up five more hydropower facilities and bid for government-managed contracted capacities. In a recent briefing, SNAP president and chief executive officer Emmanuel V. Rubio disclosed that SNAP had pending applications before the Department of Energy for five [...]

Posted: December 25th, 2012 in Editor's Pick,Headlines | Read More »

SNAP remits P61M in taxes to Benguet

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SN Aboitiz Power-Benguet Inc. has remitted P61.2 million in real property taxes to the provincial government of Benguet, as part of its operation of the 105-megawatt Ambuklao hydroelectric power plant (HEPP). In a statement, Benguet Gov. Nestor B. Fongwan lauded SNAP-Benguet “for setting a good example in paying the real property tax of Ambuklao in [...]

Posted: December 16th, 2011 in Headlines | Read More »

3 hydro-power units of SNAP-Benguet operational by October

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SN Aboitiz Power-Benguet Inc. (SNAP-Benguet), a joint venture between Norway’s SN Power and Aboitiz Power Corp., expects all three units of the newly rehabilitated Ambuklao hydroelectric power plant to start commercial operations by October.

Posted: August 24th, 2011 in Latest Business Stories | Read More »

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