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December 13th, 2010
Mindanao Hydro Plant Upgrade to Cost P3 billion

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The rehabilitation and upgrade of the Agus and Pulangi hydroelectric power facilities will cost around P3 billion, an official said. “The rehabilitation work needed to put up an additional 100 to 200 megawatts will cost around P2 billion. If we would like to add or uprate some of the facilities, for instance Pulangi, which will include the cost for dredging, then we’re looking at spending about P3 billion,” National Power Corp. president Froilan Tampinco said. The Department of Energy earlier said that it was looking at the possibility of upgrading the capacity of both plants. Read More