Plans to rehabilitate the Agus-Pulangi hydropower complex are expected to make significant progress within the next three years. On the sidelines of the EJAP Economic Forum 2025, Finance Secretary Ralph Recto told reporters that the rehabilitation of the aging 1,001-megawatt (MW) Agus-Pulangi...
After the successful bidding to privatize the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants, the government and private-sector players may next look forward to another public-private partnership (PPP) in rehabilitating the decades-old Agus-Pulangi hydropower complex in Mindanao. Power...
The Department of Energy (DOE) is batting for the corporate life extension of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) so it can serve as counterparty to the investing-entity that will rehabilitate the Agus hydropower complex in Mindanao. Energy Secretary Raphael...
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is planning to pursue 25-year concession arrangement under the privatization plan of the 932-megawatt Agus-Pulangui hydropower facilities in the Mindanao grid. “We have a plan - the plan is for concession agreement,”...
Rehabilitating the old Agus-Pulangi hydropower plants in Mindanao will allow the Marcos administration to kill two birds with one stone, says Davao City 1st district Rep. Paolo Duterte. Davao City 1st district Rep. Paolo "Pulong" Duterte (PNA) According to Duterte, rehabilitating the decades-old...
The Department of Finance (DOF) wants to stop burning coal in Mindanao, in line with the government’s program aimed at promoting sustainable investments. During the launching of the Philippine Sustainable Finance Roadmap and Guiding Principles on Wednesday, Oct. 20, Finance Secretary Carlos G....