Extension of Electricity System in Nicaragua

Empresa Nacional de Transmisión Eléctrica has taken out a $48 million loan from South Korea for new substations and distribution lines.  

Monday, January 27, 2014

From a press release by Empresa Nacional de Transmisión Eléctrica (Enatrel):

The Government through Empresa Nacional de Transmisión Eléctrica (Enatrel) has signed a cooperation contract with company representatives from DAEWOO International Corporation and Hyundai Engineering, Company Limited, in the amount of $25 million, resources which are to be invested in building the new substations El Sauce, in the department of León, and Ocotal, Nueva Segovia, and also in the expansion of substations San Ramon, Matagalpa and Esteli, in the department of Estelí. In addition assembly of transmission 138 kV (kilovolt) lines will be made to link these to the National Interconnected Electrical Substation .

These works will improve the electricity for residents of the western and northern parts of Nicaragua, in turn, they respond to new demand for electricity, and in this way contribute to economic and social development.

More on this topic

Nicaragua: $14.3 million for Electricity

August 2014

The National Assembly has approved a loan from the European Investment Bank to expand electricity coverage in rural areas.

The government plans to implement the project in 3000 rural communities in different areas of the country, including the Caribbean coast. With this investment in the power grid coverage is expected to increase in rural areas from its current 64% to 86%.

Nicaragua Seeks Funds for Electricity Substations

February 2014

The government is building eight substations and is looking for funding to develop eight more in different regions.

At the moment in Nicaragua 8 electric substations are under construction and another eight are planned for 2016. The Government of the country is looking for funding for these projects, whose cost is estimated at $27 million.

Nicaragua: Funding for Energy Projects

February 2014

Negotiations are being held with India for a $57 million loan to build two electrical substations and a 138 KW transmission line.

Salvador Mansell, chief executive of the National Electricity Transmission Company (Enatrel) announced that it is negotiating a $57 million loan with India in order to build three power projects in Nicaragua. These are two electrical substations and a transmission line of 138 kilowatts.

Nicaragua: $48 million in Funding for Energy

October 2013

The government has signed a loan agreement with South Korea for financing of the second phase of the National Sustainable Electrification and Renewable Energy Program.

Nicaraguan Government officials said the loan "will strengthen the transmission, among others, at the Tumarín hydroelectric project, run by the company Centrales Hidroeléctricas de Nicaragua (CHN), created by the Brazilian state Eletrobras and conglomerate Queiroz Galvao."

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