Energy thermal energy State Purchases energy Electricity Transmission Company Tender offers energy distribution tender Electricity Energy demand bunker energy consumption government purchases hydroelectric

Panama: 17 Offers in Energy Tender

The companies submitted bids for generation with hydro, thermal and photovoltaic sources in the tender for the supply of firm power and energy for 4 years.

Friday, November 18, 2016

"... The generation companies include those using hydroelectricity, and thermal generators using bunker fuels, but there was also a proposal that will generate energy with methane gas and one with photovoltaics."

Among the bidding companies are Pan-am Generating Company, Pedregal Power Company, Bahia Las Minas Corp., Generadora del Atlantico and Enel Green Power, among others.

The energy and power that will be contracted out will cover the requirements for the distribution companies Edemet, Edechi and ENSA in 2017, 2018, 2019 and 2020.

Prensa.com reports that "...Since 2014, every year contracts have been awarded to cover the energy needs of more than one million customers served by these distribution companies."

Source: Prensa.com

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Goods
thermal energy bunker
Key entities
Electricity Transmission Company
Countries
Panama
Insight
energy energy distribution Tender offers hydroelectric Energy State Purchases

More on this topic

Guatemala: Energy Prices in Tender Lowered

March 2014

In a second round of bidding for the period 2015/2017 the bidders had lower prices, but the government believes these can be further reduced.

The same 14 generators who took part in the first round had sales prices ranging from $0.50 to $10.

"Dimas Carranza, Member of the Tender Board of the distributor Energuate, said they hope that with these new offers they will manage to reduce rates for users."

Guatemala Awards Contracts for 421MW

November 2012

Of the 600MW required, the National Electric Energy Commission has only awarded 421MW because the other bidders did not meet the maximum price established in the tender.

The participants in the tender put forward offers for a total of 57 power plants, but only 40 met the tender requirements.

Panama Tenders 51% of Electricity Distribution

March 2012

The current concessions will expire in 2013 and the contracts include an obligation to provide "a competitive process of free competition ... the sale of majority shares of the company holding the concession."

The concession contracts signed in October 22, 1998 with Gas Natural Fenosa and Ensa, 15 years ago are going to expire, meaning that the National Authority of Public Services (ASEP) must tender the sale of 51% of the aforementioned distribution companies shares before October.

New Rules for Guatemala's Electricity Market

September 2009

Distributing companies will have to purchase 4 years worth of energy supply, instead of the 2 years required today.

New regulations also modify timing considerations for bidding processes. Nowadays they must be done one month before contract expiration, but in the future they will be done earlier, to better prepare bidding terms.