The agreement, which was signed by Hedcor president & COO Rene Ronquillo and DCWD chairman Eduardo Bangayan, resolves conflicting claims on the water of the Tamugan River.
The plant, once completed, will add further to AboitizPower’s renewable generating capacity which recently saw the start of operations of Sibulan Hydro, another greenfield hydroelectric power plant in Mindanao. The island is currently suffering from rotating brownouts due to low water levels at Lake Lanao, located in Northern Mindanao, and the main source of power for the Mindanao grid, and a lack of generation capacity capable of filling the void.
