^

Nation

Vizcaya town gets P19-M share from dam operation

Charlie Lagasca - The Philippine Star

BAYOMBONG, Nueva Vizcaya, Philippines – The municipal government of Alfonso Castañeda here has received P19.6 million from the operation of the Casecnan multipurpose irrigation and power project.

Rhoda Moreno, acting provincial treasurer, said the amount represents the municipal government’s share from the real property tax paid by the US firm California Energy, which operates the Casecnan project.

“It covers tax payment of the company for the second and third quarter of this year,” said Moreno, adding the US firm pays more than P171 million a year in property taxes.

The town co-hosts the $580-million Casecnan project. It is where the Taan and Casecnan rivers, the project’s major water sources for power and irrigation, are located.

The project siphons water from the two rivers toward the Pantabangan Dam in Nueva Ecija for the irrigation needs of more than 200,000 hectares of farmlands in Central Luzon.

Built during the Ramos administration, the project also generates 100 megawatts of electricity to augment the increasing power requirements of the Luzon grid.

vuukle comment

ALFONSO CASTA

CALIFORNIA ENERGY

CASECNAN

CENTRAL LUZON

LUZON

MORENO

NUEVA ECIJA

PANTABANGAN DAM

RHODA MORENO

TAAN AND CASECNAN

  • Latest
  • Trending
Latest
Latest
abtest
Recommended
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with