Monday 18 December 2017
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1 months ago

9 renewable energy projects worth P26.7B get perks

The Board of Investments (BOI) approved nine renewable energy projects worth P26.7 billion, the agency said in a statement on Friday. These renewable projects, spearheaded by five separate companies, are now qualified under the prevailing Investment Priorities Plan (IPP), specifically under the incentives listed in the Renewable Energy Act of 2008, which is part of the special laws in the IPP. The IPP aims to attract investments in certain preferred business activities by enticing them with fisca

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