K-Water Takes Another Step Closer to Angat Dam

19 Apr 2013 by Local Press Report

Korea Water Resources Corp. (K-Water), the leading water resources and power firm in South Korea, on Thursday signified its agreement to the water protocol governing the operations of the 246-megawatt Angat hydropower plant in Bulacan. This was formalized in a memorandum of agreement signed by representatives of K-Water and state-run Power Sector Assets and Liabilities Management Corp., according to PSALM president and CEO Emmanuel Ledesma Jr. This move, certain quarters said, allowed K-Water to move a step closer to acquiring the Angat hydropower facility, three years after it won the bidding conducted by PSALM...

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