Up to yesterday, there was still no word from the Office of Utilities Regulation (OUR) on the security bond from the three selected preferred bidders for the 115 megawatts of electricity-generation project using renewable energy-based power-generation facilities on a build, own and operate basis.
On October 1, the OUR announced that it had selected three companies which would supply 78 megawatts of the required amount. They had until this past Tuesday to provide the OUR with the applicable proposal security.
The named preferred bidders were Blue Mountain Renewables LLC, to supply 34 megawatts of capacity from wind power at Munro in St Elizabeth; Wigton Windfarm Limited, to supply 24 megawatts of capacity from wind power at Rose Hill, Manchester; and WRB Enterprises Inc, to supply 20 megawatts of capacity from Solar PV through facilities in Content Village, Clarendon.
The proposed delivery price to the national grid for these projects ranged from US$0.1290 to US$0.1880.