El Salvador: $1,000 million to generate 350MW

The international public tender launched in April for the provision of 350MW from July 2015 excludes the use of plants currently in operation, or to be operational by January 2012. The only offers that will be accepted are those from new plants whose operation is based on renewable energy sources, natural gas or coal.

Elsalvador.com interviewed the business banking manager of Banco Agricola, Luis Portillo, "It depends on the cost of infrastructure, the type of generation, but today this is undoubtedly the most important investment to be registered in the country's history. This could even be greater than the acquisition of Banco Agricola by Groupo Bancolombia for 900 million dollars."

Source: elsalvador.com

More on this topic

El Salvador Launches Tender for 350MW Power

April 2011

The electricity distribution company Delsur published the tender for the purchase of 350 MW of electricity.

The international public tender is divided into two blocks, one of 250 MW and another 100 MW, and comprises a total period of 180 months, from July 2016 to December 2030.

El Salvador: Tender for 100MW

July 2011

The contract is to supply 100MW of power and associated energy from February 1, 2012

Any company interested in providing the supply of 100MW of power and associated energy for the following businesses may participate: CAESS, DELSUR; AES CLESA and CIA.;EEO DEUSEM, B&D and EDESAL.

Next Energy Procurement in El Salvador

April 2012

The tender for the purchase of 350MW for 15 years has to be repeated after having been declared void on the first occasion, and for the fourth time there will be a competition for the provision of 70MW for 5 years.

The Superintendency of Electricity and Telecommunications (SIGET) must provide new tender condition documents, dealing with the main obstacle in previous contests, limiting bids to suppliers of electricity generated by renewable resources, exclusively gas or coal.

New Date for Tender for 350MW in El Salvador

January 2012

The General Superintendency for Electricity has set a new date, February 9th 2012, for the deadline for submission of bids for the long term supply of 350MW.

With this move the regulator has ruled in favor of the company Cutuco Energy who appealed against a change in the date.