Mindanao hydropower project applications up for review soon
DAVAO CITY — Proposed hydropower projects in Mindanao will be up for assessment soon, in line with efforts to bring fossil fuel and renewable energy power sources into balance, according to an official with the Mindanao Development Authority (MinDA).
“We are anticipating, moving ahead (with) the resurgence or restarting of processes of any of the hydropower applications,” Assistant Secretary Romeo M. Montenegro, MinDA deputy executive director and technical working group head of the Mindanao Power Monitoring Committee, said in a recent virtual briefing.
Among the major pending applications are the 225-megawatt Agus 3 Hydro Power Plant by Maranao Energy Corp.
Mr. Montenegro told BusinessWorld the project’s declaration of commerciality is currently under evaluation by the Department of Energy.
It will be part of the Agus Hydropower Complex in Baloi, Lanao del Norte.
The overall rehabilitation plan for the Agus-Pulangi facility is also underway, with the proposal coming from the government-owned Power Sector Assets and Liabilities Management Corp. — Maya M. Padillo
