ARMM To Invest In Biomass Power Project, Philippines

Published: Jul 16 2010
Deal Summary

Autonomous Region in Muslim Mindanao (ARMM), a government utility, announced to invest in biomass power project to be located in Autonomous Region in Muslim Mindanao, Philippines.

The company is seeking permission with the national government for the using the PHP300 million savings it made from the ARMM Social Fund for the project. The plant is expected to produce about 2,000 liters of biodiesel an hour.

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