Hydroelectric Station in Bocas del Toro

The project initially known as Chan II has been delayed because "the process of dialogue with communities needed for work to start has not finished."

Tuesday, September 6, 2016

The company Odebrecht Energy Luxembourg, now called Odebrecht Latin Fund, has twice requested the extension of the timeframe for construction of the project which was awarded to it in June 2014. According to the company, "... the process of dialogue with communities needed for work to start has not finished."

Prensa.com reports that "...The consortium based its request for an extension of the deadline for starting work on the fact that communities have not allowed the project to progress with making the access road to the highway let alone start working on the site of the dam. "

In this regard, Asep said that "... although the Chan II project is not located within the Ngäbe Bugle area there is a need for the concessionaire to keep in mind that there are indigenous communities surrounding the project, therefore there must be ongoing communication. "

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More on this topic

Odebrecht's Hydroelectric Concession Recalled

January 2017

The construction company has one week to respond to the proposal put forward by the Panamanian government, which is geared towards cancelling the award of the Chan II hydroelectric station at no cost to the State.

The Ministry of Finance submitted the proposal to the Brazilian construction company on January 26, and it has one week to respond and start to coordinate the withdrawal from the construction project on the dam now known as Bocas del Toro.

Panama: State Could Increase Participation in Chan II

January 2015

Changes to the contract with the construction company Odebrecht have enabled the Panamanian government to increase its stake in the plant from 23% to 49%.

Having renegotiated the contract with the construction company Odebrecht, an agreement was reached to establish the shareholding of the state through the Odebrecht (Egesa) and it was also established that the State will not fund cost overruns associated with the rise in the price of building materials.

Tender for Construction of Hydropower Station in Panama

March 2014

The Changuinola II project has been reopened and on April 25 proposals for its design, financing, construction and operation will be received.

On April 25, the Empresa de Generación Eléctrica (Egesa) will receive proposals from those interested in the design, financing, construction and operation of the hydroelectric station Chan II, which will produce 213.6 MW, fed from waters of the Changuinola River in the province of Bocas del Toro.

Hydroelectric Station Tender in Bocas del Torro

August 2012

Panama's government will be inviting bids for a concession, which was initially granted to AES before being canceled, for the Chan-II 213 MW hydroelectricity project.

An article in Panamaamerica.com reports that "It would be the second award for this project located in Changuinola, after the U.S.

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