Guatemala: PET Energy Grid to Save $109 Million Each Year

The project to expand the country’s energy distribution network (PET), will trim energy losses in $109 million per year.

Tuesday, February 23, 2010

A contract to execute the project was signed yesterday by Energy Ministry authorities and representatives from the winning consortium, “EEB-EDM Proyecto Guatemala”.

“According to the Ministry, energy losses range from $270 million to $300 million, and they would drop to between $161 million and $191 million”, reported Prensalibre.com.

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More on this topic

Guatemala to Put Electric Lines Out To Tender

March 2010

The Electric Energy Commission could launch a bidding process to build and install secondary transmission lines.

Carlos Colom, president of the Energy Commission, explained that these lines (69 and 138 volts) are included in the Electrical Transmission Expansion Plan (PET).

Guatemalan Power Grid Expansion to Start in March

January 2010

The consortium "EEB/EDM Proyecto Guatemala", who was awarded the contract through public contest, will start expanding the electrical power grid in March 2010.

This consortium is composed by Mexican and Colombian companies, and will develop the project known as "PET" (Electrical Transmission Expansion Plan), by building 817.9 kilometers of electric power grid.

Authorities Open Bids for Guatemalan Electric Network

December 2009

From the three companies, the lowest-priced bid was submitted by EEB-EDM Proyecto Guatemala.

The contract will be awarded on January 22, 2010, after the proposals are evaluated by energy authority CNEE.

EEB-EDM Proyecto Guatemala "...would charge $32.349.900 per year for 15 years (a total $485 million) for transporting energy", reported Prensalibre.com.

Guatemala: Three Companies Bid for Electric Grid

November 2009

Three companies submitted bids for extending the electric power grid in 817 kilometers.

They are "Interconexión Eléctrica, S.A." (ISA), from Colombia, the Consortium "EEB/EDM Proyecto Guatemala", and ETCEE, a subsidiary of INDE, Guatemala's National Electrification Institute.

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