Ronald Cosalan questions gov’t agencies over COHECO pump storage project contract
Benguet Representative Ronald Cosalan questioned the issuance of permits and contracts to the Coheco Badeo Corporation (COHECO) for its 500-megawatt pump storage project.
The Benguet politiko said he does not understand why the Department of Energy (DOE) issued COHECO a service contract when it failed to secure water rights over the Amburayan River.
Cosalan said COHECO must first comply with rules and regulations before being given a service contract.
He also asked if COHOCO Chief Larry Howon Kim, a South Korean, has legitimate documents to do business in the Philippines.
“We do not want foreigners to use the consent of our indigenous peoples and our well protected natural resources to enrich themselves at our every own expense which already happened in the proposed 60-megawatt run-of-river project in Kapangan.,” Cosalan said.
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