The Bohol Investment Board – Evaluation Committee (BIB-EC), with Provincial Administrator Aster Caberte as chairman, convened yesterday for its quarterly meeting at the CPG Hall of the Bohol Provincial Capitol in Tagbilaran City.
Among the key agenda items was the assessment of the Dagohoy Green Energy Corporation’s (DGEC) application for registration under the Bohol Economic Development and Investment Code in the New Normal. The committee meticulously reviewed the corporation’s documentary submissions and carefully evaluated the compliance of their 27 MWDC Solar Power Project situated in barangays San Vicente and Sta. Cruz in the municipality of Dagohoy against the established criteria. After thorough discussion, the committee endorsed the approval of the proponent’s application to the Bohol Investment Board which is set to meet next week.
The DGEC Solar Power Project marks a significant milestone for renewable energy development in the province. This groundbreaking project, with an investment exceeding P1 billion, is set to become Bohol’s first major renewable energy endeavor. Once operational, it is poised to provide electricity to over 60,000 households, signaling a substantial leap towards sustainable energy solutions in Bohol.
Bohol Economic Development and Investment Promotion Office (BEDIPO) serves as the secretariat of the Bohol Investment Board, steering all board meetings and discussions as well as those of its evaluation committee and technical working groups.