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Home Business

BCDA seeks private partners for P1-b New Clark City solar project

Othel V. CamposbyOthel V. Campos
March 8, 2023, 7:20 pm
in Business, Power & Tech
Reading Time: 2 mins read
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By Othel V. Campos

State-run Bases Conversion and Development Authority is seeking private partners for the P1-billion solar photovoltaic power project inside New Clark City.

“In line with the renewable energy thrust of the Marcos administration, the BCDA is pushing for the development of sustainable energy sources in New Clark City. This solar farm is one of the crucial projects in New Clark City as it will supplement energy sources and lower energy costs for our locators, while also ensuring reduced carbon emissions,” said BCDA president and chief executive Aileen Zosa.

The BCDA is inviting interested private companies to participate in the bid for the long-term lease of a 37-hectare property at the northernmost portion of New Clark City and the development of a solar farm with a capacity of at least 25 megawatts and an investment of P1 billion.

The large-scale solar power project is an important template of the future-ready smart city to support a sustainable and green future.

Under the terms of reference for the bidding, the BCDA is offering the property for an initial lease period of 25 years, renewable for another 25 years upon mutual agreement of the parties.

Interested companies may participate in the bid by purchasing the TOR starting March 8, 2023. A pre-bid conference will be held on March 24 at 10 a.m. AM at the BCDA Corporate Office in Taguig City.

Participants have until 12 noon of April 21 to submit the bid documents, eligibility requirements and financial proposal for the solar farm project.

Tags: Bases Conversion and Development AuthorityBCDANew Clark Citysolar photovoltaic power project
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Othel V. Campos

Othel V. Campos

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