Panama: Power Company Buys Electricity

Electricity Transmission Company (ETESA) will put out to tender, on January 25th, 2011, the purchase of power for 15 years.

Friday, November 26, 2010

Bids reception for the IPL Concurrence Competitive Act ETESA 02-10, for the power supply contract, period from January 1, 2015 to December 31, 2029, will take place on January 25th, 2011. The process has been approved by ASEP and has been published on its website.

The power must meet the requirements of distribution companies Elektra Noreste, SA (MHS), electrical distribution company Metro-Oeste, SA (EDEMET) and electrical distribution company Chiriqui, SA (EDECHI).

According to regulations, power contracts were assigned to transmission companies as an additional responsibility within the Panamanian electricity market, with the purpose of ensuring the best possible price for the energy, directly benefiting end customers. ETESA has the responsibility of carrying out the process, the preparation of the statements, calling for the bid, the evaluation and award of contracts, making sure the contracts address factors of economy, efficiency and guarantee of supply.

Until the month of October 2010, according to reports from the National Dispatch Center, the maximum power demand was 1184.59 MW. By source of generation the supply was covered in the following manner: 25.75% by thermal plants, 63.74% by hydraulic plants, 8.93% by the Panama Canal Authority (ACP) and 1.58% was contributed by Central America, through regional interconnection.

More on this topic

Thermal Tender Suspended

October 2014

Suspension has been announced of the tender process 02-14 by the Electricity Transmission Company for a contract for thermoelectric power for the period January 2017 to December 31, 2031.

From a resolution given by the National Authority of Public Services (ASEP)


Panama: Solar Energy Tender

June 2014

Approval has been given to the contest for a power supply contract with solar power plants for the period 2017-2036.

From a statement issued by the National Authority of Public Services Panama:


"... APPROVE the bidding document submitted by Power, SA (Empresa de Transmisión Eléctrica, S.A.

Panama: Documents Approved for Thermal Energy Tender

August 2014

The National Authority of Public Services has approved a proposal for a tender submitted by the Empresa de Transmisión Eléctrica to contract out 200 MW.

From a resolution issued by the National Authority of Public Services (ASEP)


"... those who can take part are " ...

Panama: Date Set Thermal Energy Tender

August 2014

Empresa de Transmisión Eléctrica will be holding a tender for the supply of 200 MW of thermal energy on September 11.

The contract includes two lines: the first, corresponding to a power supply for the period between January and June 2015, and the second from July 1, 2015 until June 30, 2020.

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