DBP approves ₧2.1B loan for energy projects | Tyrone Jasper C. Piad

THE Development Bank of the Philippines (DBP) extended a total of P2.1-billion loan to two hydro-energy projects that seek to boost both the Luzon and Visayas grids. The state-owned bank said in a statement last Thursday that loans provided to Matuno River Development Corp. (MRDC) and Taft Hydroenergy Corp. (THEC)…

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