Manolo Fortich is a 73.33MW hydro power project. It is located on Tanaon, Amusig, Guihean river/basin in Northern Mindanao, Philippines. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently active. It has been developed in multiple phases. The project construction commenced in 2015 and subsequently entered into commercial operation in 2018. Buy the profile here.
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Description
The project was developed by Hedcor. Aboitiz Equity Ventures, JERA, PCD Nominee and Others are currently owning the project having ownership stake of 51.87%, 27%, 14.88% and 6.25% respectively.
Manolo Fortich is a run-of-river project. The project generated 360 GWh of electricity.
Development status
The project construction commenced in 2015 and subsequently entered into commercial operation in 2018.
Power purchase agreement
Bukidnon II Electric Cooperative, Misamis Occidental I Electric Cooperative, Siargao Electric Cooperative, Zamboanga del Norte Electric Cooperative, Zamboanga del Sur I Electric Cooperative and Zamboanga del Sur II Electric Cooperative are the power offtakers from the project.
Contractors involved
Andritz Hydro was selected as the turbine supplier for the hydro power project.
The electric generators for the project were procured from Andritz Hydro.
For more details on Manolo Fortich, buy the profile here.
About Hedcor
Hedcor Inc (Hedcor), formerly Benguet Hydro power Corp, is a wholly-owned subsidiary of Aboitiz Power Corp. Hedcor is a renewable energy company that installs, develops and maintains mini hydro power plants. The company generates renewable energy from run-of-river hydropower systems and develops a Manolo Fortich Hydro Project in Province of Bukidnon. It developed a portfolio of projects which include bineng hydro 1, ampohaw hydro, tudaya hydro 1, sibulan hydro A, talomo 2B plant, bakun AC hydro and lower labay hydro. Hedcor operates through its plants located in Benguet, Mt.Province Davao City and Ilocos Sur, the Philippines. The company offers its services across the Philippines. Hedcor is headquartered in La Trinidad, the Philippines.
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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
