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LANDBANK to Finance Mini Hydro Power of Cantilan LGU

May 4, 2009

source: Landbank.com

The towns of Carrascal,Cantilan and Madrid in Surigao del Sur will soon benefit from the construction of a One Megawatt Sipangpang Mini Hydroelectric Power project of Cantilan LGU to be financed by LANDBANK thru the World Bank-funded Support for Strategic Local Development and Investment Project or S2LDIP.

The power generation project will complement the existing electricity requirement of about 12,500 households in the area at reduced rates. The project is also expected to generate additional income for Cantilan which the LGU can use to provide other basic services to its constituents and the protection and preservation of the watershed covering the Sipangpang Water Falls.

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