Cebu City signed a joint venture agreement for Waste-to-Energy facility
The Cebu City Government has signed a joint venture agreement (JVA) with New Sky Energy Inc. (NSEI) for a waste-to-energy (WTE) facility in Cebu City, Philippines.
The PHP4.8 billion (US$81.34 million) WTE project will be built over an area of six ha and has the capacity to provide electricity for 40,000 households and give the city P24 million (US$0.41 million) per year in gross power sales revenues.
NSEI will be responsible for the construction and operation of the facility for 40 years before handing it over to the city.
Country updates
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