MANILA (AFX-ASIA) – The Philippines needs investment of around US$2-3 billion in the next five years to build new power-generating plants and meet growing demand, an industry official said. Federico Lopez, president of First Generation Holdings Corp, said the Luzon island alone will need an additional power supply of about 700 megawatts by 2007. First…
PHILIPPINES: US$2-3 billion needed to boost power supply-industry official
Posted on March 19, 2004 by EnergyAsia