Wednesday , June 20, 2018

Hydro firm affirms commitment to Mountain Province development

SN-ABOITIZ owned HEDCOR will remain to serve the community despite the recent bombing of the Sabangan hydro plant by alleged members of the Leonardo Pacsi Command of the New People's Army in Mountain Province.

HEDCOR senior vice president Chris Faelnar said the company remains committed to helping the community it serves despite the atrocities.

“We want the communities that we serve to feel that we will not stop to provide them the services through our hydros," said Faelnar.

The 14 megawatt tapping point of Sabangan hydro was bombed in October resulting to the non-dispatch of the much needed power and support their host communities.

"Although the 20 day rehabilitation of the Sabangan hydro resulted in a P10 million loss for the company, it is still our priority to assure them that we will continue to serve our constituents," said Faelnar.

The hydro firm slammed the attack which resulted to the curtailment of power supply and the hampering the development in the province.

Earlier, the NPA alleged that the local government of Sabangan has requested Hedcor for assistance in developing their local water resources to build a mini-hydro under the build-operate-transfer scheme of the government in the year 1989.

The NPA said Hedcor allegedly took advantage of situation after the passage of the Electric Power Industry Reform Act and the Renewable Energy Act of 2008 which opened the natural energy resources for profitable business favoring independent power producers (IPP).

It also alleged the hydro firm used its well-oiled machinery in connivance with the local government units and agencies in rigging the process of getting the free, prior and informed consent (FPIC) of some stakeholders in 2011.