Sta. Cruz inks MOA for hydropower plant expansion

DAVAO DEL SUR. The Municipality of Sta. Cruz gave their consent to AboitizPower’s wholly-owned subsidiary Hedcor Tudaya, Inc. to build two more run-of-river hydropower plants with a total capacity of 13.6 MW on July 11 during the memorandum of agreement (MOA) signing.

Dubbed as the Tudaya Hydropower Project, Tudaya 1 Power Plant is proposed to be located upstream of the Sibulan A Power Plant while the Tudaya 2 Power Plant is to be built below the Sibulan B Power Plant.

“Hedcor is already part of the history of Sta. Cruz for almost 6 years now and with this agreement, we assure that the local government will continue to do our responsibility as Hedcor’s partner”, mayor Joey Ray Lopez said.

The exploration of Tudaya Hydropower started in 2010, and in early 2011, Hedcor engineers started the design of Tudaya 1 in Barangay Sibulan and Tudaya 2 in Barangay Astorga. Hedcor is currently working with the permits before the construction of the power plants.

Furthermore, it is interesting to note the call of the Asian Development Bank (ADB) President Haruhiko Kuroda for Asians to take radical steps to patronize and invest in renewable energy. This is to fight the increase threat of climate change.

“An important key to lowering energy intensity is the elimination of fossil fuel subsidies and transition to renewable energy. Asia must also take radical steps to increase energy efficiency”, Kuroda said.

Hedcor is committed to promote Cleanergy, AboitizPower’s brand of clean and renewable energy and will continue to look for more rivers to develop for run-of-river hydropower generation. To date, Hedcor has 18 run-of-river hydropower plants in the country with a total capacity of 150 MWs.

AboitizPower is the holding company for the Aboitiz Group’s investments in power generation, distribution, retail and power services. It is a major producer of Cleanergy, with several hydroelectric and geothermal assets in its generation portfolio, and also has non-renewable power plants located across the country. The company owns distribution utilities that operate in high-growth areas in Luzon, Visayas, and Mindanao. (For more details, please visit: www.aboitizpower.com and www.cleanergy.com.ph)

 

Photo Caption:
CLEAN ENERGY AGREEMENT. Hedcor president Rene Ronquillo (left), Sta. Cruz mayor Joel Ray Lopez and Hedcor vice president Gregorio Jabonillo (right) sign the memorandum of agreement of the 13.6 MW Tudaya Hydropower Project. The MOA signing gives consent to the construction of Tudaya 1 and 2 expansion project.

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