NIA, First Gen to develop hydro power at Aya Dam

Monday, October 14, 2019 - 14:00

 

NIA Central Office – The National Irrigation Administration (NIA), represented by Administrator Ricardo R Visaya, and First Hydro Power Corporation, represented by Vice President Dennis Michael P. Gonzales, signed on October 08, 2019 a Memorandum of Understanding (MOU) to develop a hydroelectric power project at the Aya Dam located in Pantabangan, Nueva Ecija.

In line with this, First Gen has requested NIA’s permission to conduct a comprehensive feasibility study of the project, including but not limited to, legal, economic, social, financial, and technical viability, to which NIA has permitted the former to conduct the same.

The MOU will complement with the existing Pantabangan-Masiway Hydroeletric Power Plant through an acceptable scheme under existing laws, such as the Renewable Energy Act of 2008 (Republic Act No. 9513), among others.

The MOU signing was witnessed by NIA Deputy Administrator for Administrative and Finance Sector Romeo G Gan and other First Gen executives at the Administrator’s Conference Room, 2nd Floor, Building A.

NIA Administrator Ricardo R Visaya (2-Left) and First Gen Vice President Dennis Michael P. Gonzales (Middle) during the signing of the Memorandum of Understanding (MOU) to develop a hydroelectric power project at the Aya Dam in Pantabangan, Nueva Ecija on October 08, 2019 at the Administrator’s Conference Room, 2nd Floor, Building A, witnessed by NIA Deputy Administrator for Administrative and Finance Sector Romeo G Gan (Outermost Left) and other First Gen executives.

**For questions and/or clarifications, you may contact:

PILIPINA P. BERMUDEZ, CESE
Department Manager A
NIA Public Affairs and Information Staff
E-mail: vparamio@yahoo.com
Mobile: 0995 251 7847
Landline: 921-3741