JABONGA, Agusan del Norte – President Ferdinand R. Marcos Jr. inaugurated the 24.9-megawatt hydropower plant in Lake Mainit, Jabonga town, Agusan del Norte province, on Wednesday, July 12. PRESIDENT Marcos (center) leads the inauguration of the the 24.9-megawatt hydropower plant in Lake Mainit,...
Fresh River Lakes Corp. (FRLC), a subsidiary of Lopez-led First Gen Corporation, has already been served with the "notice of award" on its winning bid for the 165-megawatt Casecnan hydropower facility in Nueva Ecija. In a disclosure to the Philippine Stock Exchange (PSE), the company stipulated that...
Fresh River Lakes Corp, a subsidiary of First Gen Corporation of the Lopez group, submitted a winning bid that dwarfed other offers for the165-megawatt Casecnan hydropower facility, the first power asset privatized under the Marcos administration. According to sources privy to the outcome of the...
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....
PSALM At least seven firms to join the auction of the one-year operation and maintenance service contract (OMSC) for the 165-megawatt Casecnan hydropower facility in Nueva Ecija, the state-run Power Sector Assets and Liabilities Management Corporation (PSALM) said. PSALM listed as prospective...