It’s reported on Dec. 30, 2016 that Philippines had approved a hydropower project recently and government would give preferential tax policy.
This project is located at Bacolod, north of Mindanao, predicted to cost 1.36 billion pesos (about 200 million yuan) and installed capacity is 11.9MW. It will be put into operation in January 2019.
After completion, this project will promote industrial development in the project area, provide electricity for neighboring cities, such as Lligan and Cagayan de Oro and then create relevant job opportunity.
Hydropower station can create considerable practical value, its preconditions are secure construction and quality guarantee. Self drilling rock anchor, as an effective supporting method, combines drilling, grouting and anchoring together, can be used for slope reinforcement and diversion tunnel support in hydropower station.