State hydro assets could yield up to P126B

MANILA, Philippines — The government is confident it can meet its P101.5-billion privatization revenue target next year, with proceeds from the Caliraya-Botocan-Kalayaan (CBK) hydroelectric facilities and the planned sale of the Agus-Pulangi complex expected to provide a major boost. Finance Undersecretary Michael Alejandro told reporters most of next year’s privatization revenues would come from public-private