THE PHILIPPINES
A public sector company of the Philippines is setting up the biggest wind power project in Southeast Asia, claims the country's energy secretary Vincent Perez. The first commercial operation of the 40-megawatt power project in the Ilocos Norte province is expected to start by 2004. Philippines National Oil Corporation, the company setting up the project, will soon approach the Japanese government for securing a us $54 million soft loan to partially fund the project.
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