Conglomerate San Miguel Corp. is planning to construct five new power plants, three of which will be located in Mindanao and two in Central Luzon for a total cost of $4.2 billion, the company announced.
The 600 MW in Mariveles, Bataan; 600 MW in Pagbilao, Quezon; and three 300 MW power plants in Mindanao to plan three industrial estates of San Miguel.
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