Cawayan Hydroelectric Plant
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Source: World Bank Group
On September 30, 2004, the government announced that the 0.4-MW Cawayan Hydroelectric Plant in Sorsogon City had been awarded to the Sorsogon II Electric Cooperative (Soreco II) for consideration of US$410,000. The electric cooperative was the highest of the three bidders for the asset.
In April of 2004, the Philippine government launched a planned US$5 billion divestiture of the power assets
- Status
- Prospective
- Sector
- Government, Power Generation (CCGT), Hydro
- Location
- Sorsogon, Philippines
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | On September 30, 2004, the government announced that the 0.4-MW Cawayan Hydroelectric Plant in Sorsogon City had been awarded to the Sorsogon II Electric Cooperative (Soreco II) for consideration of US$410,000. The electric cooperative was the highest of the three bidders for the asset. In April of 2004, the Philippine government launched a planned US$5 billion divestiture of the power assets of state-owned National Power Corp. (Napocor) through the Power Sector Assets and Liabilities Management Corporation (PSALM). The Cawayan plant was one of 35 owned by Napocor, which the government had planned to divest in order to trim the firm's debts. None None |
Original sector | Energy |
Budget |
Location
Country | Philippines |
State | Sorsogon |
Source
Source reliability | High |
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Government, Power Generation (CCGT), Hydro |
Article published date | 2023-02-20 |
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