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Hedcor wants to expand Filipino micro hydro portfolio

Hedcor Inc. is looking to increase its micro hydro portfolio within the Philippines pending cooperation from the country's Department of Energy, company president Rene Ronquillo said at a hydropower development summit earlier this week.

Speaking at the Philippine Association of Small Scale Hydropower's (PASSHydro) annual conference, Ronquillo said Hedcor has already received approval from the Department of Energy for about 20 mini hydro projects, with close to 40 more pending approval.

"We believe there's strong community support because the nice thing about hydro -- small hydro -- is that it provides includes inclusive growth, inclusive development in the communities," Ronquillo said.

Hedcor, a subsidiary of Aboitiz Power Corp., said it would ideally like to have two plants under construction at a given time. If completed, the small hydropower plants will ultimately have a total installed capacity of around 400 MW.

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