Eco Spectator: A Toronto for Toronto renewable energy source for all things ECO-friendly

Malita Municipality in Philippines to Develop 1.5MW Run-of-River Hydro Project

Malita municipality in Philippines to develop 1.5MW mini hydro power plant

EBR Staff Writer13 November 2012

The Malita municipal government in Davao del Sur province in Philippines plans to construct a 1.5MW run-of-river Malita mini-hydropower plant at a total of PHP311m ($7.59m).

Commercial production at the plant is expected to commence in the April-June quarter of 2013 to meet the growing domestic demand for electricity.

Development Bank of the Philippines (DBP) has agreed to provide a PHP283m ($6.87m) loan for the development of the project, while the government is expected to plough in an additional PHP28.3m ($0.68m), reported Philippine Daily Inquirer.

Loan from DBP is subject to the approval of a 25-year power purchase agreement with Davao del Sur Electric Cooperative (Dasureco).

In a letter to the Energy Regulatory Commission (ERC) earlier in 2012, Malita emphasized the approval of the agreement as the key towards its compliance requirements with DBP and the project’s implementation.

The regulatory commission had consequently granted a provisional approval for the power agreement that enables Malita to supply 600,000KWh to Dasureco each month.

Source: Hydro Energy Business Review 

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Basic HTML is allowed. Your email address will not be published.

Subscribe to this comment feed via RSS

%d bloggers like this: