By Alena Mae S. Flores – October 30, 2018 at 07:05 pm
The Department of Energy issued the certificate of energy project of national significance, under the pre-development stage, to the 500-megawatt Badeo pumped storage project of Coheco Badeo Corp. in Barangay Badeo, Kibungan, Benguet province.
“With this certificate of EPNS under pre-development stage, the 500 MW-Kibungan Badeo pumped storage project shall be entitled to all the rights and privileges provided for under Executive Order No. 30,” the certificate signed by Energy Secretary Alfonso Cusi stated.
EO 30, signed by President Rodrigo Duterte in June last year, created the Energy Investment Coordinating Council to streamline the regulatory procedures affecting energy projects of national importance.