The Bases Conversion and Development Authority is calling on foreign businessmen to join the bidding for the lease and development of a 37-hectare property in New Clark City into a “large-scale” solar photovoltaic power plant.
“This will open our bidding process to a diverse pool of competitive players from both the local and international RE industry, helping us accelerate the development of renewable energy sources in New Clark City,” Zosa said. Last week, the BCDA announced that it is inviting all interested private companies to participate in the bidding for the solar project.
To be eligible in the bidding for the solar project, bidders must be corporations, joint ventures, or consortiums duly-registered with the Philippines’s Securities and Exchange Commission or its counterpart in their country of incorporation, BCDA said.
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