Chico River hydropower project is a 150MW hydro power project. It is planned on Chico river/basin in Cordillera Administrative Region, Philippines. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Hydropower | 150 | – | 150 | Permitting | Cordillera Administrative Region, Philippines | Chico JV |
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Description
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The project is being developed by Chico JV. Prime Metro Power Holdings and San Lorenzo Ruiz Piat Energy and Water are currently owning the project.
Chico River hydropower project is a run-of-river project. The gross head of the project will be 135m. The project is expected to generate 615 GWh of electricity. The project cost is expected to be around $398.879m.
The hydro power project consists of 2 turbines, each with 75MW nameplate capacity.
Development Status
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By GlobalDataPost completion of the construction, the project is expected to get commissioned in 2023.
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.
