Developer receives Certificate of Registration for Philippines' 45-MW Nalatang B hydropower project

Philippines Map

The Philippines Department of Energy has issued a Certificate of Registration to the Aboitiz Power Corp., allowing for the pre-development of the 45-MW Nalatang B hydropower project.

Aboitiz Power was selected to develop Nalatang B by state-owned PNOC Renewables Corp. with a contractual joint venture model.

The project is expected to cost more than US$60 million, with completion scheduled for 2016. The run-of-river plant will be located on the Agno River near Kayaban.

PNOC-RC, the renewable energy arm of the Philippine National Oil Co., called for joint venture partners for the development of five hydropower projects -- including Nalatang B -- last year.

PNOC announced in 2010 that it intended to spend more than $335 million developing up to seven hydro projects that could have a cumulative output capacity of around 200 MW.

HydroWorld.com reported this past August that the Philippines DOE had approved a renewable energy service contract with SN Aboitiz Power for the proposed 350-MW SNAP-Ifugao complex.

Aboitiz already operates the 105-MW Ambuklao125.8-MW Bingaand 360-MW Magat hydroelectric projects.

For more news from Asia, visit here.

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