MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. led the groundbreaking Wednesday for a 24.9-megawatt Lake Mainit hydroelectric plant in Agusan del Norte.
He called the project a step towards regional energy security, achieved through the joint efforts of Markham Resources and J-POWER Group of the Philippines and Japan.
“The development of this hydroelectric site is a definitive step towards our goal of ensuring much-needed energy for the inhabitants of Agusan del Norte and its neighboring areas by taking advantage of their water resources,” said the Chief Executive in his opening speech.
“The Lake Mainit River Run-of-river hydropower project offers several benefits and is expected to sustainably serve around 45,000 households,” he noted.
The new hydroelectric plant will provide 100,871 megawatts of clean, affordable power.
Marcos also said that the new power plant is expected to have a positive impact on the environment.
“The project is expected to help reduce the carbon footprint and improve air quality, as hydropower produces very little or no carbon emissions during electricity generation,” the president said.
Marcos also urged the local government unit of Agusan del Norte “to ensure the efficiency, safety and productivity of this very important hydroelectric plant.”
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