El Salvador: $950 Million Energy Project

Cutuco Energy plans to begin construction of the gas plant in La Unión during the first six months of 2011.

Tuesday, June 30, 2009

Valued at $950 million, Cutuco Energy’s project includes a liquid natural gas center, an electric generation plant, and two energy transmission lines.

An article from Laprensagrafica.com: “’The project is still moving forward…we hope to begin operations during the second half of 2014,’ said Irene López, vice-president of the company. Although Cutuco began the permitting process for construction of the plant in 2005, it has encountered set-backs due to the different procedures that must be completed.”

More on this topic

El Salvador: Advances in 355 MW Gas Station

October 2014

Pacific Energy has announced that it has signed the lease contract for the space which will be used for its plant in the port of Acajutla and has completed the EIS.

Energía del Pacifico (EDP) announced that progress that has been made on three specific areas: the environmental impact study, holding an day for providing information and public consultation with the residents of the area where the plant will be located, and the signing of the contract for lease of the space to be used in the Port of Acajutla.

2011 Will See Beginning of Salvadoran Gas Plant Construction

August 2010

With an investment of $950 million, the company Cutuco Energy will initiate construction of the La Unión plant in the second half of 2011.

The construction works will generate around 1,000 jobs.

According to the Cutuco's shareholders, the plant will start producing energy from 2015.

Further Delays for Energy Investments at La Unión

January 2010

The construction of two power plants at the Port of La Unión, El Salvador, has been delayed again.

One of the plants would use coal and the other natural gas. Investment in both would sum $1.5 billion.

"These projects would add 775 MW to the country's energy production (525 MW by the gas plant and the rest by the coal one)", reported Elsalvador.com.

Works Start at Port Acajutla

January 2010

The $3 million project to redesign the Salvadoran Port is expected to begin in February.

Guillermo López Suarez, head of CEPA, the Port Authority, explained that the project will be carried out in three phases, ending around the end of 2010.

"The official confirmed that works will be conducted under a scheduled, staged program, to avoid interfering with the arrival of those ships who are already expected to dock at the port", reported Elsalvador.com.

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