Construction of the 68.8-MW Manolo Fortich hydroelectric plant in the Philippines is now officially under way, following a ceremony that included indigenous peoples and developer Hedcor Inc.
The US$280.4 million cascade project includes the 43.4-MW Manolo Fortich 1 and 25.4-MW Manolo Fortich 2 — both of which are run-of-river plants that will use waters from the Tanaon, Amusig and Gulhean rivers.
Hedcor, a wholly-owned subsidiary of the AboitizPower Corp., said the project will provide a number of benefits to the region through its corporate social responsibility programs, including education, health, environmental and infrastructure improvements.
“Our operating principles circle on the ‘Three Ps’, which stand for people, planet and profit,” Hedcor president Rene Ronquillo said. “We have to take care of the people and the planet. The profit comes afterwards. We believe that we can do well by doing good.”
Ronquillo said in March 2013 that Hedcor intended to increase its Filipino portfolio.
Hydropower has seen a boom in the Philippines through recent months. HydroWorld.com reported in April that the country’s National Irrigation Administration had said it plans to bid up to 200 micro hydropower sites within the next six months, while its Department of Energy approving pre-development and development contracts for more than 20 new projects in January.
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