Angat Hydropower Corp., a unit of San Miguel Corp., is set to start construction of the P1-billion Angat Dam and Dyke Strengthening project next month.
National Power Corp. president Ma. Gladys Cruz-Sta. Rita signed an agreement this week with Power Sector Assets and Liabilities Management Corp., Angat Hydro, National Commission for Indigenous Peoples and the Dumagat tribe of Angat for the full implementation of the Free and Prior Informed Consultation.
The FPIC is a process required before the start of the construction of the Angat project in September.
Sta. Rita said Angat Hydro had received the environmental compliance certificate from the Environment Department in June and completed all the pre-construction works in July.
The project in Norzagaray, Bulacan is expected to be completed 18 months from the start of construction.
“NPC issued the land use permit plus livelihood assistance to the Dumagats,” Sta. Rita said.
The agreement includes the relocation of 15 Dumagat families and the provision of their houses. Livelihood programs will be provided by Angat Hydro, PSALM,and Napocor to the Dumagat community.
The Angat project aims to strengthen the dam and stabilize the dikes to enable them to withstand the potential risk posed by earthquake in the West Valley Fault.
The project is being implemented by Angat Hydro, a joint venture between San Miguel Corp. and Korean Water Resources Corp.
K-water won the bid to operate and manage the Angat power plant. K-water is the dominant player in the Korean water industry with a 46.5-percent market share in the national water supply.
K-Water teamed up with San Miguel to operate and maintain the power plant component of the dam.
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