THE Department of Energy (DOE) said on Wednesday it has awarded eight hydropower and two geothermal service contracts in line with its mandate to support the development of clean and renewable energy sources in the country.
In an announcement dated January 4 on its website, the DOE said the winning bid proposals for the eight hydropower areas are: Area 4 Binongan-Tineg--First Gen Mindanao Hydropower Corp.; Area 7 Ilog--Phinma Energy Corp. (formerly Trans-Asia Oil & Energy Development Corp.; Area 12 Tubig and Area 13 Buhid--Vivant Energy Corp.; Area 14 Bugtong--Clean N Energy Solutions Inc.; Area 15 Cateel--First Gen Mindanao Hydropower Corp.; Area 16 Cagayan 1N--First Gen Mindanao Hydropower Corp.; and Area 17 Agus III--Maranao Energy Corp.
Continue reading with one of these options:
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)