$215 million for the electric interconnection of Panama and ColombiaThursday, July 31, 2008 Last week, Panamanian and Colombian authorities agreed on acceleratating the process of electrical interconnection. The electric line will run for 614 kilometers, connecting substation Panamá II in El Pedregal with Cerromatoso in Colombia. 55 kilometers of underwater cable are included, 40 of them in Panamanian territory. Panamanian Government Authorizes Electric InterconnectionFriday, May 15, 2009 Electricity Transmission Company has been authorized to handle the electricity interconnection project between Panama and Colombia, along with Interconexión Eléctrica SA. The Cabinet Council, headed by President Martín Torrijos approved the authorization so that Electrical Transmission Company, on behalf of the State and in association with Interconexión Eléctrica SA, will be responsible for the developing electric interconnection project between Panama and Colombia. Studies for the Panama - Colombia interconnection will be put to tenderThursday, August 21, 2008 The bidding process for the contract for the environmental impact studies of the transmission line that will link the Central American and South American markets will begin in early September. The construction of the electric interconnection lines between Panama and Colombia which is being carried out by the Transmision Electrica, S.A. company (Etesa) and Interconexion Electrica (ISA) will take between 24 and 36 months. Office of Electricity Interconnection to be Located in PanamaThursday, March 5, 2009 The electric interconnection company between Colombia and Panama will be located in the latter. A reunion between the presidents of both countries concluded with a company name change from "Intercolpa" to "Panama Colombia Interconnection" (ICP), and with the agreement of locating the company's facilities in Panama. Colombia's ISA to Bid for Guatemalan Electric NetworkThursday, November 5, 2009 Interconexión Eléctrica S.A. (ISA) confirmed its participation in the November 27 public bidding process for an electric transmission network. This could be the company's entrance to Guatemala. It has already participated in electrical projects in Peru, Bolivia and Brazil. Central American Electrical Interconnection to Begin in 2010Thursday, March 5, 2009 Service problems in Costa Rica and Honduras are holding back implementation of the proposed Central American electrical interconnection. Issac Castillo, manager of Transmisión Eléctrica S.A., announced in Prensa.com: "The electricity interconnection line in Central America will begin operations in sections beginning in 2010. The contractors who are carrying out the interconnection work should deliver the completed project by April 2009, but there is currently a service problem in Costa Rica and Honduras, and that has delayed its implementation." Colombia-Panama Electrical InterconnectionFriday, August 10, 2012 The economic viability of the project will be tested in an upcoming auctions for rights of use and a tender for the supply of energy over a fixed time period. In the auction for the rights of use to be held on August 16, six companies will take part out of a total of 17 who showed interest, according to the criteria of the project management company, Colombia Panama Electric Interconnection (ICP). BID Positioned to Finance Panama-Colombia Electrical InterconnectionWednesday, February 11, 2009 The project is in the stage of analyzing the financials, economics, technical feasibility, and environmental impacts. Press.com publishes: “Once they comply with these requirements and, taking into account the conclusions of the analyses, the board of directors of Banco Interamericano will approve or reject the negotiated credits.” Electrical Interconnection Panama - ColombiaWednesday, November 7, 2012 In a new meeting between representatives of the two governments, the status of the project will be discussed, having been paralyzed by uncertainty regarding its financial aspects. The line has a planned extension of 614 kilometers, which will link the Panama II substation in Pedregal with Cerromatoso in Colombia. It includes an underwater stretch of 55 kilometers, of which 40 are in Panamanian territory. Rights to Use Electrical Interconnection AuctionedTuesday, May 22, 2012 It is hoped that the auction for the allocation of capacity rights on the Panama-Colombia electricity interconnection line will "guarantee sufficient income to ensure its implementation". The auction for the allocation of capacity rights on the Panama-Colombia electricity interconnection line will take place on July 3, reported Panamaamerica.com.pa. Guatemala - Mexico Energy MarketMonday, June 11, 2012 Since the establishment of electrical interconnection, Mexico has billed Guatemala an average of $5.47 million a month. From October 2010 until March, Guatemala has paid Mexico on average $5.47 million a month for the sale of electricity, according to data from the Guatemala’s National Institute of Electrification (INDE). Private Interest in Darien Electrical InterconnectionTuesday, July 30, 2013 Colombian electricity companies are proposing private investments to finalize the project that would allow them to sell power to Central America. Interconexión Eléctrica S.A. and Grupo de Energía de Bogotá have shown interest in making electricity interconnections between Colombia and Panama. Routes for Electrical Interconnection with ColombiaFriday, May 6, 2016 A report by Conservation Strategy Fund considers four options for the layout of the power line between Colombia and Panama. While the main companies involved in the project, Empresa de Transmisión Eléctrica S.A. and the Colombian state run Interconexión Eléctrica (ISA), are still in the "feasibility and design" phase, the Conservation Strategy Fund (CSF), "an international organization that trains people in the use of economic science to protect forests, rivers and other ecosystems", has drawn up a report on the financial costs, environmental, social and security risks, and suggested "... four possible routes on which to develop the power interconnection project. " Panama-Colombia Electricity Interconnection Plan ReturnsFriday, March 22, 2019 After several years of carrying out studies of the work, the governments announced that they plan to begin working on the standardization of regulations to sign the agreement of the electrical interconnection project. In a press release published on March 19, Panama's Presidency stated that Panama's Energy Secretary, Victor Urrutia, informed that the Agreement required for the implementation of the electric interconnection project that will link the Andean and Central American systems will soon be signed. Electrical Interconnection Auction Postponed Yet AgainTuesday, August 21, 2012 Agreements have still not been reached between suppliers and the company that owns the line, over financial, technical and socio-environmental aspects relating to the project viability. The auction among power companies and the Colombian- Panamanian state company Interconexión Colombia Panamá S.A (ICP), responsible for positioning the power transmission line between Colombia and Panama, was planned for today August 21, but has been suspended because "despite the efforts of the parties involved, it was not possible to reach agreements on some conditions that are essential for the viability of the project, relating to financial, technical and socio-environmental aspects. " |
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