Davao Light hikes spending budget for this year–exec

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Davao Light hikes spending budget for this year–exec
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Davao Light and Power Co., Inc. (Davao Light), the country’s third-largest electric distribution utility, is earmarking a capital expenditure (capex) budget of P2.4 billion for this year, higher than last year’s P2 billion. “We usually spend P1.5 billion to P1.6 billion prior to the pandemic. Last year, it was close…

Davao Light and Power Co., Inc. , the country’s third-largest electric distribution utility, is earmarking a capital expenditure budget of P2.4 billion for this year, higher than last year’s P2 billion.

Davao Light project lead and design engineer Prince Rainier Yamyamin said around 25 percent of the total 7.5-kilometer underground cabling was completed. Compared to directly burying the wires underground, the semi-direct method is easier to maintain and offers more protection from physical damage since all the cables run through conduits.

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