BoI OKs P185-M Ifugao hydro plant

By Mayvelin U. Caraballo

Mar 19, 2022 12:03 am

A P185-million hydropower facility in Ifugao province, which is expected to cater Luzon's expanding electricity demand, has secured Board of Investment's (BoI) approval.

Transitioning toward a green and modern economy, the BoI said in a statement on Friday that it had green-lighted First Ifugao Renewable Energy Corp.'s application to become a new developer of a hydroelectric power plant in Asipulo, Ifugao.

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