Officials of Manjuyod in Negros Oriental and of the Aboitiz Power subsidiary, Hedcor, signed a memorandum of agreement recently, for the construction of a hydropower plant in the town, a government press release said.
Karen Padawag of Hedcor Inc. said the Mabinay-Manjuyod hydropower project is expected to have a generating capacity of 21.9 megawatts of clean and renewable energy.
Barangay officials of Kauswagan in Manjuyod, led by barangay captain Anthony Guillen; Jesus Daguman of New Namangka, Mabinay; and Hedcor vice president for Business Development, Boy Jabonillo, signed the MOA.
The first project of Hedcor in the Visayas will tap the Ilog River in Manjuyod, and targets the generation of 84 million kilowatt-hours of electricity annually, Padawag said.
The agreement contains benefits for the host communities like farm-to-market roads, education and employment opportunities, health services, and generation shares, the press release said.
Padawag said the generation shares will be given once the plant is operational.
Aside from focusing on education, health, livelihood and infrastructure, Hedcor commits massive reforestation activities and watershed management programs, Jabonillo said.
The project will be in addition to the 19 plants that Hedcor operates in Ilocos Sur, Davao and Benguet provinces, the press release added.*
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