Power firm Aboitiz Power Corp. has allotted $1 billion or more than P40 billion for the construction of the 420-megawatt (MW) coal-fired Pagbilao Unit 3 power plant in Quezon.
At the plant’s launch Wednesday, Erramon Aboitiz, chief executive officer of Aboitiz Power, said that Pagbilao 3 will be commissioned in 2017.
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