Local governments signal approval for SNAP’s Alimit hydropower complex

5 June 2019

SN Aboitiz Power (SNAP) – a joint venture of SN Power of Norway and AboitizPower – has signed a framework agreement with the Municipal Government of Lamut in the Philippines for the planned Alimit hydropower complex, meaning all four of the local government units hosting the project have signified their approval for what is set to be Ifugao’s first large-scale hydropower facility.

The four governments involved are the Municipalities of Aguinaldo, Lagawe, Lamut, and Mayoyao. The agreements outline the cooperation, collaboration, and obligations between SNAP and the municipalities during the development and operation phase of the project

 “We believe that meaningful collaboration with our stakeholders and communities can help propel our country toward a more energy-secure future,” said SN Aboitiz Power President and CEO Joseph S. Yu in a statement. “We are thankful for the support and trust that the concerned local government units of Ifugao have extended to SNAP and the Alimit Project.”

The Alimit hydro complex is to be developed in two phases, with the first consisting of the 120MW Alimit Plant and the 20MW Olilicon Plant. This first phase is expected to cost between US$450 to US$550 million. The second phase involves development of the 250MW Alimit pumped storage facility.

Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.