Alimit is a 120MW hydro power project. It is planned on Alimit river/basin in Cordillera Administrative Region, Philippines. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in 2026.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Hydropower | 120 | – | 120 | Permitting | Cordillera Administrative Region, Philippines | SN Aboitiz Power Group |
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Description
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The project is being developed and currently owned by SN Aboitiz Power Group.
The hydro reservoir capacity is planned to be 275 million cubic meter. The net head of the project will be 70m. The project cost is expected to be around $320.16m.
Development Status
The project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by 2026.
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By GlobalDataAbout SN Aboitiz Power Group
SN Aboitiz Power Group (Snap) is a renewable energy service provider. The company produces and sells power and provides energy solutions. It offers supporting services including power quality maintenance, reliability and stability of the grid. The company also provides a wide variety of services for wholesale customers including power supply contracts, contracts, and forward contracts. The company also offers ancillary services such as regulating reserve, contingency reserve, dispatchable reserve, and black start. It owns and operates hydroelectric power plants in Magat, Ambuklao, and Binga facilities. SNAP is headquartered in Taguig, the Philippines.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
