The provisional license which had been granted to Coal Power S.A. to build a thermal 200 MW electricity generation plant in Colon, Panama, has been annulled.
From resolution AN No. 10872-Elec of January 20, 2017:
RESOLVED: FIRST: DENY the request for extension submitted by the company COAL POWER, S.A., a company duly registered on Sheet 827976, Document 2561851 of the Section on Business Persons in the Public Registry of Panama, for the construction and operation of a thermal electricity generation plant, called COAL POWER, to be developed in the village of Cativá, district and province of Colon, with an installed capacity of 200 MW;
It has been announced that construction has started on diesel power plant, in Sabanitas in Colon.
The plant, called Jinro Power, belongs to Jinro Corp, a company founded on Honduran and Panamanian capital.
An article on Prensa.com that "... The company Jinro Corp. yesterday announced the start of construction of a power plant, at a cost of $11.5 million, to generate 57.8 megawatts of energy, despite opposition from the inhabitants of Quebrada López, in the village of Sabanitas, district of Colon. Excecutives of the company explained that the plant does not use coal, but diesel, due to concern from the inhabitants over resulting environmental pollution."
Eighteen months is the timeframe for transforming the thermoelectric plant operated by Generating Pan Am Generating en La Chorrera, replacing bunker fuel with natural gas.
The expansion project to increase generation capacity by 60 MW involves stopping using bunker fuel and starting generating energy from natural gas, according to the transition timetable presented by Pan Am Generating Ltd.
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