$400 million investment in Thermoelectric Plant

In Panama the Chinese consortium Martano has submitted an environmental impact study to build a 423 MW combined cycle power plant in the village of Puerto Pilon, province of Colon.

Thursday, March 2, 2017

Data from the Information System on Construction Projects in Central Area Commercial provided by the Business Intelligence Unit at CentralAmericaData, shows that on December 1, 2016 the company Martano Inc submitted an environmental impact assessment (EIA) to Miambiente to build an energy generation plant.

The EIA indicates that the project, called GAS TO POWER PANAMA, "will be developed on a plot of 10.23 hectares (lot 2) completely in the terrestrial sector of the Río Alejandro Energy Park project, opposite an area which has been in industrial use for many years, this being a refinery, where relevant activities such as fuel transfers are carried out, the lot contains a bulk loading terminal and thermoelectric station Bahia Las Minas."

"... The project will be located on a plot of land measuring 10.23 hectares within the Energy Park Río Alejandro project located in the village of Puerto Pilon, district of Colon, Colon province, on which two (2) units of combined cycle (2GTG + 2HRSG will be built (Steam Generator Heat Recovery) - + 1 STG) using natural gas as the main fuel to produce a gross amount of energy of up to 423 MW."

In December 2015, the Chinese consortium was awarded the contract to supply 350 MW of thermal energy during the period from January 1, 2019 and December 31, 2033. 

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More on this topic

License Extended for 325 MW Thermal Plant

May 2017

Due to a delay in the approval of the environmental impact study, the panamanian government has extended the term of the provisional license granted to Martano Inc. to build a thermoelectric plant in Isla Margarita, Colón.

Martano Inc. presented the Environmental Impact Assessment (EIA) in December 2016 for the construction of a 423 MW combined cycle thermoelectric plant in the Puerto Pilón district in the province of Colón. The Asep has now given the consortium of Chinese origin an extension to the provisional license for a further 90 days to "... hold meetings with its consultants and the Ministry of Environment team to determine the appropriate course of action for the environmental approval process."

Panama: Agreement for 350 MW of Thermal Energy

December 2015

The Chinese consortium Martano Inc. has been awarded a contract to supply 350 MW of thermal energy, for which it will build a plant in Margarita Island, province of Colon.

The winner is one of the fourteen companies who presented their proposals to supply power to the electricity distribution companies Ensa, Edemet and Edechi during the period from January 1, 2019 and December 31, 2033.

Who, What, and How Much of a $400 million Project

July 2015

Gator Partners has obtained a provisional license to build in Bahia Las Minas, Panama, a power plant with a capacity of 400MW, based on ethane.

Gator Partners is planning to build and operate a power plant called "Térmica Energía Corotú" which will operate using ethane gas with a combined cycle plant with a capacity of 400MW.

Panama Rejects Environmental Study of Thermal Plant

March 2015

The Anam has rejected the environmental impact study presented by Energyst Rental Solutions Panama to build a 67 MW thermal power plant in La Chorrera, Panama Oeste.

The study was rejected because of "... Technical deficiencies, besides discrepancies, one linked with the coordinates given in the study." The National Environmental Authority (ANAM) states that "...

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