Philippines Eyes P101.5B from Hydropower Plant Sales Next Year
The Philippine government aims to generate P101.5 billion in revenue in 2025 through the privatization and rehabilitation of the Caliraya-Botocan-Kalayaan (CBK) and Agus-Pulangi hydropower assets, a significant increase from earlier targets.
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The Philippine government is confident in meeting its P101.5-billion privatization revenue target for next year, driven by the sale of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric facilities and the planned divestment of the Agus-Pulangi complex, potentially raising up to P126.27 billion.
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