The electricity distributor Delsur will be investing $14 million in 2015 in the construction of new substations and the purchase of technical and protective equipment.
In 2014 the distribution of Electricity Delsur invested $13 million in several works to strengthen its electrical system, and this year representatives announced plans to increase the amount to $14 million, to be allocated to the expansion of the electricity network, the modernization of the commercial system which that measures the energy consumption of users, and the acquisition of new technical equipment, among other things.
The business sector in Nicaragua has suggested that in addition to inflation and economic growth the level of productivity of workers should be taken into account when defining salary adjustments.
According to employers the current legislation has not been changed in 10 years, therefore the method for making adjustments to wages does not reflect the changes that have been experienced in the production structures in companies. For these reasons they propose incorporating elements such as productivity and competitiveness, in addition to inflation and economic growth in the salary adjustments being debated.
30 offers were presented for photovoltaic projects with capacity for 60 MW and two for wind power projects with capacity of 40 MW.
An article on Nacion.com reports that "... Of the 32 projects submitted by investors, two are wind projects, the remaining 30 are photovoltaic; however, Roberto González, DELSUR's manager, said that if the wind projects fail to meet the power target they have been assigned (40 MW) they will be supplemented with photovoltaic generation. "
During 2013 foreign sales of 2 thousand tons generated revenues of $6.1 million.
Data from the Ministry of Economy (Minec) reveals that in recent years Salvadoran honey has gained ground especially in the European market. During 2013 foreign sales of the product generated revenues of $6.1 million, which is 29% more than in 2012, when $4.7 million worth was sold.
A proposal has been made to restructure technical training programs and focus them on the needs of businesses.
Sandinista Central Workers (CST) and the Trade Union Coordinating Committee have proposed to the American Chamber of Commerce of Nicaragua (AMCHAM) that there be a restructure of technical education programs, adapting them to the country's needs and the requirements of companies interested in investing in the country.
AES Fonseca Energía LTO de CV and Asocio Quantum-GLU submitted their technical and financial bids in the tender organized by Del Sur.
"The technical bids will immediately be reviewed by the evaluation committee of the distributors, advised by a group of prestigious local consultants who will look at the legal issues, especially technical and financial ones," said the general manager of the Del Sur, Roberto Gonzalez.
The Superintendency of Electricity and Telecommunications is evaluating extending the deadline until July so as to receive more offers in the tender for the generation of 350 MW in the country.
Elsalvador.com reports that "seven companies of international capital collected the requirements to participate in the tender process for power generation, which is divided into two blocks of 250 and 100 MW based on the requirements of the distribution network operating in the country. "
The new tender for the generation and supply of 350 MW has so far involved three companies, one of which is new to the market.
Elsalvador.com reports that "DelSur’s CEO, Roberto Gonzalez, confirmed yesterday that three companies are interested in participating in the new tender for the project to generate 350 megawatts (MW) of energy and have already bought the documents. Both of these had participated in the previous bidding process (which was voided) and only one of them is a new company. "
The tender for the purchase of 350MW for 15 years has to be repeated after having been declared void on the first occasion, and for the fourth time there will be a competition for the provision of 70MW for 5 years.
The Superintendency of Electricity and Telecommunications (SIGET) must provide new tender condition documents, dealing with the main obstacle in previous contests, limiting bids to suppliers of electricity generated by renewable resources, exclusively gas or coal.
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