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Korea-backed firm plans P64.3-B pumped storage project in Benguet - BusinessWorld Online

Summary by bworldonline.com
FILIPINO-KOREAN firm Coheco Badeo Corp. is planning to develop a 500-megawatt (MW) pumped storage hydropower project in Kibungan, Benguet. The proposed Kibungan pumped storage facility is expected to provide additional power supply to the Luzon grid, according to its filing with the Department of Environment and Natural Resources (DENR). The P64.3-billion project will span 36 hectares and will include upper and lower dams with a combined reservo…

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Korea-backed firm plans P64.3-B pumped storage project in Benguet - BusinessWorld Online

FILIPINO-KOREAN firm Coheco Badeo Corp. is planning to develop a 500-megawatt (MW) pumped storage hydropower project in Kibungan, Benguet. The proposed Kibungan pumped storage facility is expected to provide additional power supply to the Luzon grid, according to its filing with the Department of Environment and Natural Resources (DENR). The P64.3-billion project will span 36 hectares and will include upper and lower dams with a combined reservo…

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bworldonline.com broke the news in on Thursday, February 5, 2026.
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