A consortium led by infrastructure holding firm Metro Pacific has proposed to convert the solid waste of Quezon City, one of the most populous cities in the metropolis, into 42 megawatts of renewable energy that can power up to 90,000 homes.
The consortium has obtained “original proponent status” for this unsolicited proposal to develop a solid waste-to-energy facility for Quezon City that is estimated by the local government to cost P8 billion to P10 billion.
Apart from Metro Pacific Investments Corp. (MPIC), the consortium also includes Covanta Energy LLC and Macquarie Group Ltd., MPIC disclosed to the Philippine Stock Exchange on Monday.
The “pioneering” proposal for an integrated solid waste management (ISWM) facility accepted by the Quezon City (QC) government is capable of processing and converting up to 3,000 metric tons per day of the city’s municipal solid waste into 42 megawatts of renewable energy.
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