CAF approved $16.7 million to partially finance the Electric Interconnection System for the Countries of Central America, the multilateral organism reported today in a release.
These resources will be used to "contribute to the integration and development process in the Meso-American region (...) providing greater and better coverage for electrical services and to unite the markets in the sector," explained Enrique Garcia, executive president of CAF.
Since yesterday, the first stage of electrical interconnection tests between Guatemala and Mexico are being carried out.
The Minister of Energy and Mines of Guatemala, Carlos Meany, reported that the installation and insulation of the system is being checked.
El Sol de Mexico published on its website: "If the tests are successful, then the interconnection can be operated … According to official sources, electrical interconnection will enable Mexico to supply Guatemala with 200 megawatts of energy, of which 120 will be acquired by INDE."
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