The Bases Conversion and Development Authority (BCDA) is seeking private partners to establish a large-scale solar photovoltaic power plant in this rising metropolis, officials said.
The state-run BCDA announced it was inviting all 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 at least P1 billion.
“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,” BCDA president and CEO Aileen Zosa said.
“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,” she added.
Under the terms of reference (TOR) 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 Wednesday, March 8, 2023. A pre-bid conference will be held on March 24 at 10 a.m. 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.
