Matuno River small hydro power plant
Sector: Commercial • Location: Philippines
Source: World Bank Group
The project entails the construction of the 8MW Matuno River small hydro power plant in the Philippines. The plant is located in Barangay San Rafael, Nueva Vizcaya and will generate up to 42GWh of electricity per year and supply it to the Luzon grid. The project has used equipment supplied by Austria-based Global Hydro Energy. The project company is Matuno River Development Corporation (MRDC), ma
- Status
- Prospective
- Sector
- Commercial, Power Generation (CCGT), Hydro, Power Transmission, Government
- Location
- Philippines
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project entails the construction of the 8MW Matuno River small hydro power plant in the Philippines. The plant is located in Barangay San Rafael, Nueva Vizcaya and will generate up to 42GWh of electricity per year and supply it to the Luzon grid. The project has used equipment supplied by Austria-based Global Hydro Energy. The project company is Matuno River Development Corporation (MRDC), majority-owned by Caloocan-based Magis Energy. The SPV received a P1.1 billion ($21.36 million) loan from the Development Bank of the Philippines (DBP), under DBP's Financing Utilities for Sustainable Energy Development. The project is expected to start commercial operations in H2 2022. Financial close was achieved on 20 January, 2022. Realfin https://mb.com.ph/2022/01/20/dbp-funds-p2-b-green-energy-projects/ |
Original sector | Energy |
Budget |
Location
Country | Philippines |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Commercial, Power Generation (CCGT), Hydro, Power Transmission, Government |
Article published date | 2024-09-22 |
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