El Salvador: New tender for the El Chaparral Hydroelectric plant

The second tender process to hire the company that will take over the supervision of the works will be carried out.

Friday, October 17, 2008

"The first tender had the participation of two companies that presented bad offers which were disqualified," the head of the Executive Commission of the Rio Lempa Hydroelectric Plant (CEL), Nicolas Salume, explained.
The companies in reference were the Spanish firm SOCOIN and the Federal Commission of Electricity of Mexico.
The invitation to participate in the tender was made this week, and the prospectus are already on sale. Salume did not disqualify the same companies from participating again, as long as they make the necessary corrections to their offers.

More on this topic

Geological Faults at Chaparral Hydroelectric Plant

January 2011

The problems detected could lead Cel and the Astaldi consortium, responsible for the project, to submit for international arbitration.

The faults which threaten the foundations of the dam were detected after Storm Agatha, halting all works at the site.

The Executive Committee of the Lempa River Hydroelectric Plant (Cel) and the Italian consortium Astaldi, before heading for arbitration, hired an international expert to determine who has the responsibility to cover the additional costs of a possible plant redesign.

El Chaparral Hydro Power Plant in 2013

August 2009

The president of CEL announced that the project is going according to schedule, and will be ready in January 2013.

Nicolás Salume, president of the Executive Hydroelectric Commission of the Lempa River (CEL), added that January 3rd, 2013, is the deadline for the builder to deliver the project.

$35.5 million for Salvadoran Hydroelectric

April 2009

BCIE conducted the first disbursement of $35.5 million for the El Chaparral hydroelectric project.

As part of a $163 million loan to build the El Chaparral hydroelectric, the Central American Bank for Economic Integration (BCIE) will disburse the first $35.5 million on Thursday, April 23.

Works on the Central Hydroelectric plant begin in El Salvador

September 2008

President Elias Antonio Saca will place the first stone for the El Chaparral central hydroelectric plant that will mark the formal start of construction.

The initial investment, estimated to be $163 million, will be financed by the Central American Bank for Economic Intergration, as was recently confirmed by the president of the Rio Lempa Hydroelectric Executive Commission (CEL), Nicolas Salume.

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