The Bases Conversion and Development Authority said it would bid out a P1-billion contract for the development of a new solar farm in New Clark City, potentially the third clean energy facility in the metropolis. | AldenMonzonINQ /PDI
She said private sector participation was important to turn New Clark City into a “smart, sustainable and green city.”
The BCDA said it was offering the property for an initial lease period of 25 years, renewable for another 25 years upon mutual agreement of the parties, as stipulated under the terms of reference . It added that interested companies may participate in the auction by purchasing the TOR starting March 8. Interested parties have until April 21 noon to submit the bid documents, as well as eligibility requirements and financial proposal for the solar farm project.
A pre-bid conference is scheduled on March 24 at 10:00 A.M at the BCDA Corporate Office in Taguig City. To recall, two other solar farm facilities have been put up in the 9,450-hectare metropolis under two distinct service contracts, one in 2017 for a 100-MW solar power facility worth P11.75 billion and another in 2018 for another 100-MW worth P8.5-billion.Your subscription has been successful.
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