NIA Central Office - NIA Administrator Gen. Ricardo R. Visaya approved the nine (9) Memoranda of Understanding (MOU) to seven (7) Hydropower Developers, December 22, at NIA Conference Room.
The said MOU gave permission to the developers to conduct Feasibility Study (FS) on the development of proposed Hydropower Plants within several NIA Irrigation Systems.
As stipulated in the MOU, the said feasibility study is at no cost to NIA. It will also have an inextendible term of one year from effectivity.
Further, the memorandum does not also vest preferential or exclusive right to the developer/s to develop/implement the project upon the completion of the FS.
“Wala naman gastos dito ang NIA. Wala din naman masisirang irrigation systems natin kasi part din ng MOU natin na ang developer shall not remove, displace, destroy any improvement during the course of the study”, said NIA Administrator Visaya.