Hydrolink Projects, a unit of Philippines-based conglomerate A Brown Company, has collaborated with the federal government to develop a 25MW hydropower project in Surigao del Sur province.
The company has inked a hydropower service contract with Department of Energy (DOE) securing exclusive the right to explore, develop and use Carac-an river’s hydropower resources.
A Brown chairman Walter Brown said that the company has undertaken the project looking at the surging power deficit in the country.
"We would like to help them in this undertaking, and as a sign of our full and sincere intentions, we immediately commissioned a hydropower technical team to study the power potentials of the rivers in Surigao," Brown added.
"The results of the study show that Carac-an river has the best potential for development."
Hydrolink, meanwhile, has conducted a prefeasibility study of the river and outlined the most viable strategies for its development.
Hydrolink president and A. Brown business development vice president for Roel Z. Castro said: "We will now proceed to processing the necessary permits and coordinate with Surigao’s local officials for their support of the project."