Two Offers for Panamanian Power Plant

Hyundai Heavy Industries and Doosan Acciona submitted their bids for building a thermal power plant for the Panama Canal Authority.

Friday, January 28, 2011

Hyundai Heavy Industries bid $ 110 million, while Acciona Doosan proposed $ 121.1 million. The baseline of the bid was $ 110 million.

"With this power plant, the ACP aims to improve the reliability of electric services in the waterway and help reduce fuel consumption and emissions", reported

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Panama: License for 110 MW Thermal Plant

October 2015

A provisional license has been granted to Aggreko International Projects Limited to build and operate a thermal power generation plant based on diesel, bunker C and natural gas.

From the order issued by the Authority of Public Services:


FIRST: AWARD to AGGREKO INTERNATIONAL PROJECTS LIMITED, registered in the Public Registry on Document 1493288, Folio 1513, a provisional license for the construction and operation of a thermal power generation plant based on Diesel, Bunker C and Natural Gas called AGGREKO CERRO AZUL 3 to be located in the village of Pacora, Panama District, Panama Province, with an installed capacity of 110 MW. "

AES Corporation Wins Tender for 350MW

September 2015

Its subsidiary Gas Natural Atlantico won the contract to supply power for 10 years from 2018, after submitting the lowest price out of 27 bidders.

The company was chosen by the Electricity Transmission Company, SA out of a group of 27 bidders who submitted offers in the tender, even though they were warned about the possible dominant position of AES Corporation, as "...

Panama: The offers to Supply 350 MW

September 2015

With prices as low as $0.010 per KW / h, 27 foreign and Panamanian companies submitted bids to supply 350 MW of power generated from bunker fuel, propane and methane, from 2018.

The bidders chosen by Empresa de Transmisión de Energía Eléctrica (Etesa) will have a period of 30 months to build plants and start generating and supplying electricity from March 2018.

Panama to Tender 700 MW of Thermal Energy

December 2014

The Energy Department has announced that it will put out to tender in two sessions in February and May 2015, each for 350 MW, supply contracts for 10 and 15 years respectively.

From the order given by the National Secretariat of Energy in Panama:

"... The increase in electricity demand is leading us towards a growth in generation plants, therefore there is a need to create contracts for long-term thermal generation.

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