Trans-Asia to develop 320MW of hydro in the Philippines

11 July 2014


Trans-Asia Oil and Energy Development Corporation has won contracts to develop three hydropower plants with a combined capacity of 320MW across the Philippines.

According to reports from InterAksyon, the Department of Energy awarded the Phinma Group company service contracts for a 300MW project in Pililia, Rizal, a 10MW project in Ilagen, Isabela, and a further 10MW scheme in Buguias, Benguet.

The contracts include a two year pre-development clause which will allow Trans-Asia to carry out feasibility studies for the three projects.



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