Hedcor agrees to supply Buseco 5 MW of power in 2017

By Lenie Lectura – November 14, 2016

from Business Mirror

ABOITIZPower subsidiary Hedcor Inc. will supply  Bukidnon Second Electric Cooperative Inc. (Buseco) 5 megawatts (MW) in 2017.

An energy-supply agreement was signed by both parties on November 10. Buseco will be sourcing power from Hedcor’s 68.8-MW Manolo Fortich hydropower project set to be operational by the second quarter of next year.  Buseco services Malaybalay City,  the towns of Lantapan, Cabanglasan, Impasugong, Sumilao, Malitbog, Libona,  Manolo Fortich,  Baungon and Talakag, and Barangay Lilingayon of Valencia City. Buseco General Manager Deiter Hoff Arellano said  through Hedcor, Buseco can achieve its goal to deliver adequate power to its customers using local and sustainable resources.   “Thanks to Hedcor for the opportunity, for giving us part of the power that will be generated from the hydropower plant. At the end of the day, the ultimate beneficiary is our member consumer-owners,”  Arellano said.

The hydropower facility, which costs  $280.4 million,  will provide additional power to the Mindanao grid.  The project will  be the latest addition to AboitizPower’s growing portfolio of renewable energy in the country  under the Cleanergy brand.

Rolando Pacquiao, Hedcor VP for Operations in Mindanao,  said the company is committed  to  explore better ways to integrate good social development and responsible environmental stewardship into its business operations.    Buseco is the  sixth electric cooperative  to pick Hedcor’s renewable energy in Mindanao. Hedcor was also the power generator of choice of  Zamboanga del Sur Electric Cooperatives 1 and 2, Zamboanga del Norte Electric Cooperative, Misamis Occidental I Electric Cooperative and Siargao Electric Cooperative.

“Manolo Fortich hydro  plant will enable us to further our commitment to support the energy needs of our  country, particularly Mindanao.    We remain committed to provide reliable, ample and competitively priced power, generated with the least  possible adverse effects on our environment and host communities,” Pacquiao said.

Hedcor manages and operates 22 hydropower plants and supplies the country with 185 MW of clean and renewable energy. With more than 30 years of experience, Hedcor is the leading run-of-river developer in the Philippines.