SMEC has been awarded a contract for feasibility studies of a pumped-storage addition to the Magat Hydroelectric Project (an existing 360-MW hydropower project) on the island of Luzon in the Philippines.
The project is being undertaken by a major private sector investor in power stations in the Philippines, SN Aboitiz Power (SNAP). SNAP includes Statkraft Norge (Europe's largest renewables company) in joint venture with the Aboitiz group, one of the largest conglomerates in the Philippines focusing on electricity, financial food and transport sectors.
The Magat power facilty draws water from the Magat dam, a large rock-fill dam on Magat River, a major tributary of Cagayan River. The dam is one of the largest in the Philippines and is primarily used for irrigation. The water is also used for other purposes, such as generation of hydroelectric power.
Recently, SN Aboitiz Power-Benguet Inc. announced plans to work with local government and community groups to rehabilitate and refurbish the Binga hydropower plant in the Philippines.
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