AsianetApril 12, 2013 17:19
Board of Investments (BOI) has approved the application of Hedcor Sibulan Inc. (HSI), the renewable energy developer of the Tudaya 1 Hydroelectric Power Plant in Sta. Cruz, Davao del Sur. With a capital investment of P1.165 million, the firm will operate the plant which is projected to provide additional 6.6 MW to the current supply of power in Mindanao. It will tap the waters of the Sibulan and Baroring river systems to generate power.
The amount of power to be produced is expected to be sold to Davao Light and Power Company, Inc.