DBP extends P1.1-B loan for mini-hydro power plant in Oriental Mindoro
 
2013 07 03
Published online at http://balita.ph
 


Development Bank of the Philippines (DBP) president & chief executive officer Gil A. Buenaventura (in white barong, fourth from right) shakes hands with ORMIN Power Inc. chairman Jolly Ting after presenting a ceremonial check representing DBP's P1.1-billion loan assistance for the construction of a 10MW mini-hydro power plant in San Teodoro, Oriental Mindoro. Also in photo are (from left) ORMECO president Audel Arago, DBP senior assistant vice president Abelardo Monarquia, ORMIN Power director Ben Delos Reyes, ORMIN Power president Jefferson Yao, DBP account officer Rosario Nenita Badillo, DBP Calapan branch head Ched Sy, ORMIN Power director Benson Lao, DBP executive vice president Anthony Robles, and ORMECO general manager Romeo Cuasay. (photo courtesy of DBP)