Hedcor ready to supply Zaneco 5 MW of power
By Lenie Lectura – January 18, 2017
from Business Mirror
ZAMBOANGA del Norte Electric Cooperative (Zaneco) has again tapped Hedcor Bukidnon to supply the electric cooperative an additional 5 megawatts (MW) of electricity this year.
Hedcor is a unit of Aboitiz Power Corp., which on Tuesday said it has signed an additional supply agreement with Zaneco last November.
With this, Zaneco now has a total of 10 MW of contracted power supply from Hedcor.
Prior to the November supply contract, both sealed in June 2016 a power-supply contract for 5 MW.
The total of 10 MW of power-generating capacity will be sourced from Hedcor’s 68.8-MW Manolo Fortich hydropower project in Bukidnon, set to be completed by the third quarter of this year.
The first of the two cascading run-of-river hydropower plants, Manolo Fortich 1, which is contracted to JV Angeles Construction, is now 70-percent complete. Meanwhile, Manolo Fortich 2, the second power plant being constructed by Sta. Clara International Corp., is now 680-percent complete.
With Zaneco’s additional power contract, Hedcor’s Manolo Fortich plant now has 23 MW of power contracted. Zaneco is among the six electric cooperatives that chose Hedcor, also the power generator of choice of Zamboanga del Sur Electric Cooperatives 1 and 2, Bukidnon Second Electric Cooperative, Misamis Occidental I Electric Cooperative and Siargao Electric Cooperative.
Hedcor, the largest developer of a run-of-river hydropower plant in the country, will tap the rivers of Tanaon, Guihean and Amusig for its two cascading run-of-river power plants in Manolo Fortich. These will produce 360 gigawatt-hours of clean and renewable energy every year for the Mindanao grid.
“Manolo Fortich Hydro will enable us to further our commitment to support the energy needs of our country, particularly Mindanao. At AboitizPower, we look beyond profitability and explore better ways to integrate good social development and responsible environmental stewardship into our business operations,” Hedcor Vice President for Mindanao Operations Rolando Pacquiao said.
Hedcor currently operates 22 hydropower plants in the country. Five of these are located in Davao City, four in Davao del Sur, 11 in Benguet, one in Mountain Province and one in Ilocos Sur. These power plants produce a combined 185 MW of clean and renewable hydropower energy.
