SNAP-Benguet gets ERC approval for rehab work on Binga hydroprower plant

The Energy Regulatory Commission (ERC) on Monday handed over to SN Aboitiz Power-Benguet

Inc. (SNAP-Benguet) a certificate of approval for the rehabilitation works of the Binga hydropower plant in Benguet.

Actual rehabilitation works were completed in July and the power plant capacity was raised to 125.8 megawatts from 100 MW before the rehab started in 2010,

parent AboitizPower Corp. said in a disclosure to the Philippine Stock Exchange.

"That means that all units have undergone rehab and are now operating," SN Aboitiz vice president Mike Hosillos said in a text message to reporters.

The certificate is valid for five years and covers four units of the Binga plant with a total capacity of 125.8 MW and an economic life of 50 years.

The Binga hydro plant was privatized through a bidding which SN Aboitiz won for $325 million in 2007. — VS, GMA News

Editor’s note:Yahoo Philippines encourages responsible comments that add dimension to the discussion. No bashing or hate speech, please. You can express your opinion without slamming others or making derogatory remarks.

  • Viernes Santo in Kalibo VERA Files - The Inbox
    Viernes Santo in Kalibo

    Photos by Little Wing Luna, VERA Files Text by Mitch Meñez Kalibo, Aklan--Viernes Santo or Good Friday is the most solemn of all the days in Holy Week. It commemorates the Passion and Death of Jesus on the Cross. The … Continue reading → …

  • Hugas Dugo VERA Files - The Inbox
    Hugas Dugo

    Text by Kimmy Baraoidan, VERA Files Photos by Chris Quintana and Kimmy Baraoidan Pakil, Laguna--In the small town of Pakil, Laguna resides a group of men who call themselves Hugas Dugo. Most members of the group are residents of the … Continue reading → …

  • Lenten procession more than just a spectacle VERA Files - The Inbox

    Text and photos by Kiersnerr Gerwin Tacadena, VERA Files Baliuag, Bulacan--This town is hosting what could be the country’s biggest Lenten procession consisting of more than 100 religious statues riding on carriages or carrozas. But concerns are being raised that … Continue reading → …

Poll Choice Options