Panama-Colombia Electricity Interconnection Plan Returns

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.

Friday, March 22, 2019

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.

See "Electrical Interconnection Panama - Colombia"

Prensa.com reviews that "... Although the issue was addressed during President Juan Carlos Varela's official visit to his Colombian counterpart, Ivan Duque, the document is expected to be signed during the annual meeting of governors of the Inter-American Development Bank (IDB), scheduled for March 28-31 in the city of Chengdu, People's Republic of China."

The project is developed by the company ICP, which is integrated by the Panamanian company Empresa de Transmisión Eléctrica, S.A. (Etesa) and the Colombian company Interconexión Eléctrica, S.A. (ISA).

Regarding the deadlines for studies, the article adds that "... The National Public Services Authority (ASEP) approved to ICP an extension until September 10, 2020 to submit the environmental impact study approved by the Ministry of Environment. In addition to the environmental study, ICP must also provide the regulator with a study of the construction, management and operation of the energy transmission system for the electrical interconnection between Colombia and Panama, including a list of facilities and plants."

Also see "Environmental Review of Panama-Colombia Electricity Connection"

The project consists of the construction of a 614-kilometer line that will link the Panama II substation in Pedregal with the Cerromatoso substation in Colombia. It includes an underwater section of 55 kilometers, of which 40 are in Panamanian territory.

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More on this topic

Environmental Review of Panama-Colombia Electricity Connection

August 2015

The Panamanian Ministry of the Environment has hired a consultant to assess the risks and costs of the choice of route for the transmission line proposed by the binational company Interconexión Eléctrica Colombia Panamá.

The Ministry hired an international consulting firm to undertake the analysis of costs and risks of the proposal submitted by Interconexión Eléctrica Colombia Panamá (ICP), which was already approved by Colombia and only requires approval from Panama before it can go ahead.

Electrical Interconnection Auction Postponed Yet Again

August 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. "

Rights to Use Electrical Interconnection Auctioned

May 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.

Colombia's ISA to Bid for Guatemalan Electric Network

November 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.

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