Southern Peru has an evident energy problem with the main transmission line heading away from the Mantaro power-plant (Huancavelica) towards Socabaya (Arequipa) close to saturation. To resolve this problem, Pro Inversion yesterday approved the concession regarding a transmission line heading out of Mantaro to Caraveli (Arequipa) and Montalvo (Moquegua). The tender winner is the Spanish consortium Isonor Transmision, made up of Isolux Corsan and Elecnor, which will build the line for US$145.6mil.
Isonor will also build a transmission line from Machu Picchu (Cusco) to Cotaruse (Apurimac) for the second phase of development of the Central Hidroelectrica de Machu Picchu at a cost of U$35.4mil. It will hold the concession on both for 30 years. Pro Inversion had estimated that the two would cost US$330mil in total. Isonor beat off competition from Colombian group Interconexion Electrica (ISA), Terna Participacoes of Brazil and Spain’s Abengoa. It now has 30 months to have the Mantaro-Caraveli-Montalvo and Machu Picchu-Cotaruse lines operating.
Publication: SABI - Business News
Provider: South American Business Information
Date: May 4, 2008
5/4/08
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