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Indian group to invest P4B in New Clark WTE project
Business World Philippines
|August 15, 2025
THE Bases Conversion and Development Authority (BCDA) said on Thursday that an Indian company will lead a consortium that will invest P4 billion in a waste-to-energy (WTE) facility in New Clark City.
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The investment was among the deals secured by President Ferdinand R. Marcos, Jr. in his five-day state visit to India last week.
It will be developed by Indian engineering firm Uttamenergy Ltd. and its local partners Global Heavy Equipment and Construction Corp. and ATD Waste-to-Energy Corp.
“The deal will pave the way for the Philippines’ most advanced waste-to-energy facility in New Clark City, Capas, Tarlac,” the BCDA said in a statement.
This story is from the August 15, 2025 edition of Business World Philippines.
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