Five groups prequalify for transmission line contract

Peruvian state agency for promoting private investment ProInversion has prequalified five groups for the Mantaro-Cotaruse-Socabaya and Machupicchu-Cotaruse transmission lines concession contract. The potential bidders are Transur (GraƱa y Montero-Alupar Investimento), ISA, Isonor Transmision Elecnor-Isolux Corsan, Terna Participacoes and Red Electrica Internacional-Cobra-Abengoa. The last group also includes an investment fund administered by AC Capitales Safi. The winner of the 30-year concession will design, finance, build, operate and maintain the lines. Mantaro-Cotaruse-Socabaya would stretch more than 600km and Machupicchu-Cotaruse roughly 204km. The contract includes building related substation works. ProInversion will accept offers on February 26 and aims to award the contract on March 3.

Publication: Euclid Infotech - Construction News
Provider: Euclid Infotech
Date: February 6, 2008

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