Hedcor, Inc. is a leading producer of clean energy and is the largest developer of run-of-river hydropower in the Philippines. It is a wholly-owned subsidiary of Philippine HydroPower Corporation and was formed in 2005 with the merger of three AEV hydropower subsidiaries that have been in operation for more than 20 years. Those subsidiaries were Benguet Hydro Corporation, Hydro Electric Development Corporation, and Northern Mini Hydro Corporation. Hedcor, Inc.'s purpose is to develop and operate efficient hydropower systems and its vision is to lead in the promotion and development of clean energy. Hedcor, Inc. manages 13 mini hydropower plants in Benguet, 10 of which are ISO 9001 and ISO 14001 certified and are owned and operated by the company. The other three are the Asin plants owned by the City Government of Baguio and are operated by Hedcor, Inc. through a 20-year contract which started in 1986. The company also owns five hydropower plants in Davao. Four of these plants are the Talomo generating facilities acquired by the company last March 2004 through the first ever successful bid conducted by the Power Sector Assets and Liabilities Management Corporation. Through its 50% ownership in Luzon Hydro Corporation, Hedcor, Inc. operates and manages the 70-megawatt Bakun AC hydro project located in Alilem, Ilocos Sur. The US$150 million Bakun AC Plant went onstream on October 2000 and is under the government’s build-operate-transfer scheme. The plant is rated to generate 217 gigawatt-hours of power annually and its energy produced is delivered and taken up by NPC and dispersed to its Luzon Power Grid for distribution. Hedcor, Inc. now operates 19 hydropower plants with a total installed capacity of 113 megawatts and an average generation of 354 gigawatt-hours of clean energy annually. More than 90 percent of its generated power is sold to NPC while the remaining 10 percent is sold to Davao Light and Power Company, San Fernando Light and Power Company, Benguet Electric Cooperative, and Philex Mining Corporation. Hedcor, Inc. has generated 2,569 gigawatt-hours of clean energy since 1985. This has prevented the release of about 265 million kilograms of carbon dioxide into the atmosphere if the same amount of energy were produced making use of coal. It has also generated foreign exchange savings worth P11.8 billion if the same amount of energy were sourced from imported oil products. www.hedcor.com Contact Us