Live Breaking News & Updates on Matuno river

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NEDA bares list of new flagship infrastructure projects

NEDA bares list of new flagship infrastructure projects
philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.

Naguilian , La-union , Philippines , Pampanga-bay , Philippines-general- , Cagayancillo , Palawan , Davao-del-norte , Matuno-river , Nueva-vizcaya , El-salvador , Laguindingan

Taft Hydro Energy switches on 16-MW hydropower project

Taft Hydro Energy switches on 16-MW hydropower project
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

Leyte , Philippines , Matuno-river , Nueva-vizcaya , Mariellec-lucenio , Magis-energy , Taft-hydro-energy-corp , Department-of-energy , Mw-matuno-river-development-corp , Magis-energy-holdings-corp , Taft-hydro-energy

Taft Hydro Energy switches on 16-MW hydropower project

Taft Hydro Energy switches on 16-MW hydropower project
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

Leyte , Philippines , Matuno-river , Nueva-vizcaya , Mariellec-lucenio , Magis-energy , Taft-hydro-energy-corp , Department-of-energy , Mw-matuno-river-development-corp , Magis-energy-holdings-corp , Taft-hydro-energy

THEC completes commissioning of Samar plant

TAFT Hydro Energy Corp. (THEC) said Thursday it has finally completed its commissioning works of its 16-megawatt (MW) hydropower project in Eastern Samar. The hydropower project was supposed to be commissioned in December but was only completed this month. “Hydro projects are challenging to build but THEC did it in…

Bamban , Sub-province-of-apayao , Philippines , Leyte , Matuno-river , Nueva-vizcaya , Filipino , Aleksander-ikodinovic , Benjamin-picardo , Magis-energy , Department-of-energy , Taft-hydro-energy-corp

16-MW hydropower plant in Eastern Samar seen as 'economic multiplier' — THEC │ GMA News Online

Taft Hydro Energy Corporation's (THEC) 16-megawatt (MW) hydropower plant in Eastern Samar is expected to serve the country's growing electricity needs while also boosting economic growth, according to the company.

Leyte , Philippines , Bambang , Mindoro-oriental , Matuno-river , Nueva-vizcaya , Filipino , Aleksander-ikodinovic , Magis-energy , Department-of-energy , Matuno-river-development-corp , Magis-energy-holdings-corp

DBP lends P2.1 billion for 2 hydro plants

DBP lends P2.1 billion for 2 hydro plants
philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.

Manila , Philippines , Bambang , Mindoro-oriental , Tubig-river , Eastern-samar , Nueva-vizcaya , Leyte , Visayas , Philippines-general- , Matuno-river , Emmanuel-herbosa

DBP grants P2.1B in loans for hydro-energy projects - BusinessWorld Online

DBP grants P2.1B in loans for hydro-energy projects - BusinessWorld Online
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

Leyte , Philippines , Visayas , Philippines-general- , Matuno-river , Nueva-vizcaya , Emmanuelg-herbosa , National-grid-corp , Matuno-river-development-corp , Financing-utilities-for-sustainable-energy-development , Magis-energy-holdings-corp

DBP funds P2-B green energy projects

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The Development Bank of the Philippines (DBP) has extended P2.1-billion loans to two hydro-energy projects that will augment power supply for the Luzon and Visayas Grids.

DBP President and Chief Executive Officer Emmanuel G. Herbosa said the loan under the Financing Utilities for S

Leyte , Philippines , Bambang , Mindoro-oriental , Tubig-river , Eastern-samar , Visayas , Philippines-general- , Nueva-vizcaya , Matuno-river , The-philippines , Emmanuelg-herbosa

DBP backs green energy projects

MANILA - State-owned Development Bank of the Philippines (DBP) has provided PHP2.1-billion in funding support for two hydro-energy projects that aim to augment power supply for the Luzon and Visayas grids, a top official said. In a statement Thursday, DBP president and chief executive officer Emmanuel Herbosa said the loans to Matuno River Development Corporation (MRDC) and Taft Hydroenergy Corporation (THEC), both majority-owned by Magis Energy Holdings Corporation (MEHC), were extended under the Financing Utilities for Sustainable Energy Development (FUSED). "With these projects, we hope to accelerate the use of renewable power resources and increase the country's green energy mix,'' Herbosa said. "Green financing can ensure that sustainable socio-economic development can be achieved while protecting the environment." DBP is the fifth-largest bank in the country in terms of assets and provides credit support to four strategic sectors of the economy -- infrastructure and logistics; micro, small and medium enterprises; environment; social services and community development. Herbosa said proceeds of the PHP1.1-billion loan to MRDC were used for the construction of an 8-megawatt (MW) hydro-energy power plant located in Barangay San Rafael in Bambang, Nueva Vizcaya, which is expected to generate an additional 42-gigawatt hours (GWh) for the Luzon Grid via the National Grid Corporation of the Philippines (NGCP). He said the PHP1-billion loan to THEC was utilized to build a 16-MW hydropower project in Tubig River, Brgy. San Rafael in Taft, Eastern Samar, which would supply 70GWh to the Visayas grid to help address the inadequate supply of stable and affordable electricity in the region particularly in Samar Island and Leyte province. "Despite the constraints posed by the pandemic, commissioning of both projects is already in the planning stage, and commercial operations will soon commence," Herbosa said. As of end-October 2021, DBP has released a total of PHP41.57 billion in credit assistance under its FUSED program for energy-related projects across various regions in the country. (PR) }

Manila , Philippines , Bambang , Mindoro-oriental , Tubig-river , Eastern-samar , Nueva-vizcaya , Leyte , Visayas , Philippines-general- , Matuno-river , The-philippines

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)…

Leyte , Philippines , Bambang , Mindoro-oriental , Tubig-river , Eastern-samar , Visayas , Philippines-general- , Matuno-river , Nueva-vizcaya , National-grid-corp