Aklan is a 300MW hydro power project. It is planned on Nabaoy river/basin in Western Visayas, Philippines. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 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||300||–||300||Permitting||Western Visayas, Philippines||Strategic Power Development|
The project is being developed and currently owned by Strategic Power Development.
Aklan is a pumped storage project. The project cost is expected to be around $797.76m.
The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2026.
About Strategic Power Development
Strategic Power Devt. Corp. (Strategic Power) is an energy based company which operates hydroelectric power plant. The company is headquartered in Pasig City, Metro Manila, Philippines.
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.