AboitizPower prepares to triple the incorporated capability at its Bineng hydropower plant centers to approximately 19MW by 2019 after approval is obtained from La Trinidad, Benguet.
The Bineng Combined Hydropower Project, to be carried out by AboitizPower subsidiary Hedcor, will certainly increase the ability of the three Bineng plants from the existing 5.48 MW to 19 MW.
Hedcor and the local government system of La Trinidad joined June 27 the Memorandum of Contract to cover the project and the advantages for the region.
Considering that its entry in Benguet in 1986, Hedcor has sustained its growth energy. Starting from the rehab of 4 hydroelectric power plants possessed by the City of Baguio, the business later on constructed its own generation facilities in the towns of La Trinidad, Sablan, Tuba, Bakun, and Itogon.
Mayor Romeo Salda of La Trinidad welcomed the project. “We declare that this development will have great influence on the district’s development. The city government will play an energetic duty in making this task a success,” he claimed.
Along with being a dependable power distributor, Hedcor and also AboitizPower are solid partners in the socio-economic development of the area.
In 2016, the La Trinidad local government system received about Php 77 million as its barangay and also community share from the operation of the hydropower plants. Moreover, Hedcor’s service tax obligation, real estate tax obligation, and also national riches tax obligation in 2016 got to Php 67 million.
The town of La Trinidad has also obtained corporate social responsibility (CSR) tasks worth Php 13 million, to date. These projects include farm-to-market roads, school structures, and car loans to cooperatives involved in the cut flower service.
Barangay Bineng started cut flower production in early 1990s when they had steady accessibility to electric power, which is required for the greenhouses. Today, Bineng is among the largest producer of cut flowers in Benguet.
“Given that 2006, Hedcor has actually been extremely supportive of our cooperative. With the monetary help as well as trainings, we were able to sustain our cut flower services and also make them prosper,” said Lamut Multipurpose Cooperative participant Bernard Waknisen.
The combined hydropower project of Hedcor remains in line with AboitizPower’s dedication to advancing company and also areas. Furthermore, it is a testament to the firm’s continued development of its renewable energy portfolio.
Currently, AboitizPower and its companions have a net sellable capacity of greater than 1,200 MW from its renewable energy portfolio of geothermal, hydro, as well as solar energy plants situated throughout the country. The firm continuouslies grow its renewable profile with the building and construction of the 69-MW Manolo Fortich run-of-river hydro task in Bukidnon and also the 8-MW Maris Canal hydro task in Isabela. Soon, it will appoint its initial biomass power plant with subsidiary Aseagas in Batangas.
Source: Company Press Release