After receiving service contracts from the Department of Energy, Hydrotec Renewables Inc. has targeted to complete all of its hydropower projects in the Marikina area by 2016, with the combined investment cost for the all the plants pegged at up to P2.7 billion.

In a statement, Hydrotec said that it was awarded eight renewable service contracts including certificates of registration from the Energy department for its Small Hydro Power Projects along Marikina river and its tributaries.

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