Friday, June 27, 2008

Kalinga to build mini hydro under the Clean Development Mechanism

(ggd/PIA-Kalinga)

Tabuk City, Kalinga (20 June) -- Members of Provincial Board of Kalinga have given authority to Governor Floydelia Diasen to enter into an agreement with the Development Bank of the Philippine (DBP) to place the Kalinga mini-hydro power plant project under the Clean Development Mechanism (CDM).

Through a resolution, members of the Sangguniang Panlalawigan (SP) cited that this supports the country's endeavor in protecting the environment being a signatory of the United Nations Framework Convention on Climate Change (UNFCCC) and the Kyoto Protocol.

Said international agreements are designed to encourage investments by industrialized nations in developing countries to implement the utilization of new and renewable forms of energy, carbon sequestration and those involving sustainable an environmentally sound technologies.

The SP said that the agreement will be doubly beneficial as it promotes economic development through investments and emphasizes the need to protect the environment as a key consideration to sustain development.

In a previous resolution dated April 29, 2008, the SP authorized the provincial government to enter into loan agreement with the DBP in the amount of P36,900,000.00 for the construction of a mini-hydro that will supply electricity to government owned facilities and a number of households within the capital town.

Said development project is seen as a way of conserving and cutting the cost of the increasing high price of power rates and will minimize the rotating brownouts that disrupt government and business operations in the province due to the preventive maintenance being undertaken by the National Power Corporation (NAPOCOR).

This also supports the call of the Arroyo Administration to construct more power plants and come up with renewable forms of energy generators to avert the looming power shortage in the near future. (ggd/PIA-Kalinga)

7 comments:

Chokolatier said...

good to hear about this.
mayat tapno saan nga umabot ti 1 month ti brownout.

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