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$50 Million Approved for Electrical Works, and Long Haul High Tension Transmission Line #4


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$50 Million Approved for Electrical Works

In Panama, the executive authorized a credit line of up to $50 million for the state-owned Etesa to finance investments contemplated in the electric expansion plan.

Monday, December 10, 2018

The approval for the Empresa de Transmisión Eléctrica, S.A. (Etesa) to subscribe a line of credit with Banco General, will allow the state company to partially finance maintenance works to the electrical distribution network in the country.

You may be interested in "Electric cable imports up to the I Semester"

Prensa.com reviews that "... This credit line is part of the financing strategy defined by Etesa in the short, medium and long term to allow the sustainability of the company, whose business is to provide the service of high voltage energy transport from generation points to distribution centers."

Also see "Central America Buys More Electric Transformers"

The article adds that "... This system of financial operation will be managed by the company until it is able to make a bond issue for $500 million over 30 years, thereby hoping to pay off all outstanding debts."

Regarding the electricity generation in the country, official sources detail that during the first ten months of the year, 72% of the electricity was generated with hydraulic sources, 20% thermal, 5% wind, 2% solar and 1% by auto generation.

 

https://www.centralamericadata.com/en/article/main/50_Million_Approved_for_Electrical_Works

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Panama will tender a 500KV electric project in the first quarter of 2019

Sat, 12/15/2018 - 17:01

Tercera-Linea-Transmision-Electrica-FotoMEFPANAMA_MEDIMA20160116_0116_5.jpg

The Panamanian authorities plan to tender in the first quarter of 2019 a 500-kilovolt electric project that seeks to duplicate the capacity of the national system, which must face an energy demand that grows 6% per year, informed an official source today. 

This is the Chiriquí Grande-Panama III 500KV Fourth Line of Electricity Transmission and associated substations, the "largest investment project in its category in Panama and Central America", for which companies and consortiums from Spain, China, Brazil, India, Colombia, Francia and Canada are already prequalified. 

The enterprise of Panamanian state, Empresa de Transmisión Eléctrica S.A. (Etesa), recalled in a statement, in which it does not mention investment amounts, that the fourth line "will have a capacity of 1280MVA / 1500MW, and comprises a length of 317 kilometers and 70 meters wide of easement". 

It will cover a route through the Panamanian Caribbean that goes from Bocas del Toro to the province of Panama, between the Chiriqui Grande and Panama III substations, about to be built, according to official information. 

This Friday was published the specifications of the design engineering project, construction, supply and installation, commissioning, operation and maintenance of the fourth line, a document of more than 1,000 pages that rests in the electronic system of public procurement of the Republic of Panama. 

"In order for its construction to begin in the dry season of 2020, after complying with the technical, environmental and social studies, as well as all the aspects contemplated by local laws, the company has foreseen that the tender will be held in the first quarter of 2019”, Etesa said. 

The general manager of Etesa, Gilberto Ferrari, declared that he is "complying with the expansion plan of the national interconnected system approved in time for the line to begin operations in the first half of 2023". 

"With this we seek to avoid past situations recur", Ferrari said, referring to the big blackouts that have affected the country in recent years, and that caused "payments exceeding $ 130 million in forced and displaced generation" said the executive. 

Once operational, the fourth line "will increase the transport capacity, therefore, decreases the losses of the system, which would represent, in economic terms, between 20 and 22 million dollars less per year", Etesa said. 

"The fourth line will provide redundancy to the system, increase its security and double the backup capacity, allowing it to operate even without a circuit in operation", Ferrari added. 

The state agency said that the fourth electric transmission line "will initially operate at 230 kilovolts and will later be extended to 500 kilovolts". 

Etesa recalled that there are five companies and consortiums prequalified in this project, which met requirements in terms of "financial and technical capabilities that allow it to develop the largest electric investment project in its category of Panama and Central America". 

It concerns the companies and consortiums Interconexión Eléctrica, S.A. E.S.P. (Colombia); China Electric Power Equipment and Technology Co. Ltd. (China); Consorcio Chiriquí Transmisora de Energía (Spain); Four Seasons Consortium (India, France and Brazil); and Vasco Núñez de Balboa Transmission Consortium (Canada and Spain). 

Etesa added that one third of the fourth line crosses indigenous territories, and that since December 2017 "project information has been given in more than 50 communities in order to obtain the approval of the Ño Kribo Regional Congress, the highest recognized political structure for the taking of decisions of the region".

 

https://www.panamatoday.com/panama/panama-will-tender-500kv-electric-project-first-quarter-2019-8679

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  • Moderator_02 changed the title to $50 Million Approved for Electrical Works, and Long Haul High Tension Transmission Line #4
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Tender for the Fourth Line of Electric Transmission

In Panama, the tender documents for the design, construction and operation of the Fourth Line of Electric Transmission were published.

Monday, December 17, 2018

Panama Government Purchase 2018-2-78-0-08-LS-010847:

"The Project includes the study, design, detail engineering, construction, supply and installation, implementation, operation and maintenance of the Fourth Transmission Line Chiriquí Grande - Panama III, 500kV and associated substations.

The Transmission Line Chiriquí Grande - Panama III will start at the Chiriquí Grande Substation, located in Bocas del Toro Province, and will end at the Panama III Substation, located in Panama Province.

The Fourth Transmission Line will be designed and built in 500kV insulation, although in the first phase it will operate at 230kV. The Line will remain operating at 230kV unless the Contractor receives notification from the Contracting Entity requiring it to proceed with the adjustments required for the Fourth Transmission Line to operate at 500kV (phase 500kV). All of the above, in accordance with the provisions of this Statement of Objections, the Technical Annex and the Contract Model."

Deadline for receipt of tenders: February 28th, 2019.

See tender.

 

https://www.centralamericadata.com/en/article/main/Tender_for_the_Fourth_Line_of_Electric_Transmission

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