DOF to lead Agus-Pulangi Hydropower Plant Rehab
The rehabilitation aims to ensure the reliability of the power supply in Mindanao and accelerate the Philippines’ shift to clean energy sources.
The Department of Finance is now finetuning a proposed arrangement on the funding rollout and implementation of the Agus-Pulangi Hydropower Plant Complex (APHPC) rehabilitation projects in Mindanao.
The projects are estimated to cost P16.71 billion, with the Power Sector Assets and Liabilities Management Corporation (PSALM) and National Power Corporation (NPC) serving as implementing units.
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