Araneta business group to spend ₧41B for hydropower plant - BusinessMirror

THE group of businessman Gregorio Ma. Araneta III will invest P41 billion to put up an 800-megawatt pumped-storage hydropower facility in Laguna.

According to BHC, the indicative cost of the project is P41 billion, using the exchange rate of P52.53 per $1 as of the last quarter of 2018. Project construction will take approximately 48 months and will involve a workforce of 2,000. It will be located along the northwestern part of the Laguna Lake East Bay and will occupy several barangays in the municipality of Pakil and Pangil.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

‘ARTA made great strides in improving business climate’ - BusinessMirrorOver 30 private and business groups are appealing to the Office of the Ombudsman to work with the Anti-Red Tape Authority (ARTA) to improve government services. In a joint statement released by the Management Association of the Philippines (MAP) on Monday, 32 private and business organizations expressed concern over the Ombudsman’s call to abolish the
Fuente: BusinessMirror - 🏆 19. / 59 Leer más »