Hedcor, Aboitiz hydro to boost Luzon power grid
>> Sunday, May 31, 2015
By Andrew
Doga-ong
SABANGAN, Mountain Province – The Luzon grid will
be boosted with power from the recently inaugurated 14 MW hydropower plant
here.
Hedcor and the Aboitiz Power Corp. ere cited by
Sabangan mayor Donato Danglose and Mountain Province Gov. Leonard Mayaen for
investing in the province with the hydropower plant.
Danglose said the hydropower project is what
Sabangan really needs noting rich water resources within the municipality.
With the project, Hedcor, he said will pour more
development programs to improve his poor municipality.
Danglose thanked
provincial and local government
officials and residents particularly of
the two hosts barangays for their support
to the project despite various issues
and opposition.
Mayaen, said
construction and operation of the Hedcor – Sabangan Hydropower Plant
will bring benefit to the people of the
province particularly local residents of the host municipality and barangays.
He cited financial and employment assistance and
other benefits the project will bring through the firm’s corporate social
responsibility(CSR) programs.
“This is the beginning for us people of Mountain
Province to reap what we have and indeed we are entitled to it”, said the
governor.
The 14MW Sabangan Hydropower Plant built along
Chico River within barangays Napua and Namatec, is the first Hedcor hydropower
project in the province.
The plant
which makes use of a run-off-river scheme is expected to contribute 55
gigawatts of clean and renewable energy annually to the Luzon Grid.
Hedcor is set to remit about P16 million worth of
annual shares, taxes and royalties to the two host barangays,
Sabangan local government unit, the provincial government and the indigenous people community aside
from the firm’s CSR programs focusing on enhancing education, enterprise
development and environment.
In his message, Hedcor president and chief
operating officer Rene Ronquillo said
with the Sabangan project as show
window, he hopes other municipalities in
the province will be convinced to
allow their water resources to be developed for hydropower to generate more
clean and renewable energy.
Also gracing the event were Aboitiz Power Corp. president and COO Antonio
Moraza, presidential sister Pinky Aquino-Abellada and husband ManoloAbellada
and lawyer Marissa Cerezo of Department of Energy.
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