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.
With a price of $234 million, the company Norberto Odebrecht has been awarded the design and construction of a third power transmission line.
The resolution for the award by the Empresa de Transmisión Eléctrica (Etesa) includes the acceptance of the proposed plan for long-term financing by the Brazilian construction company Norberto Odebrecht, however, it does not detail what the conditions are.
With a price tag of $234 million, Odebrecht obtained the highest score in the tender for the design and construction of a third power transmission line.
From a press release by the Empresa de Transmisión Eléctrica S.A (ETESA):
Empresa de Transmisión Eléctrica S.A. (ETESA) this morning presented the results of the total scores for the technical and economic evaluations of bids submitted by Consorcio Interconexión Panamá and Constructora Norberto Odebrecht for the design, supply, construction and financing of a third transmission line Veladero - Llano Sanchez - La Chorrera - Panama, in 230kV and adaptation to the associated substations. Meeting the deadlines set out in the Public Procurement Act 22, the company with the highest score in the bid was Constructora Norberto Obredecht.
New hydropower stations have increased installed capacity within Panama to 1,200 MW, but the two existing transmission lines can carry only 600 MW.
Although there is a bidding process to build a third transmission line, it is making slow progress, and the date of opening of financial proposals is still not known.
In addition, the evaluation committee at Empresa de Transmisión Eléctrica, S.A.
The Consortium Interconexión Panamá and the construction firm Norberto Odebrecht have submitted bids to design and build the third power transmission line.
"After receiving two proposals, we now proceed to the stage of technical assessment, and later we would analyze the price of each proposal. If all goes well, then we would award and build the project" said Fernando Marciscano, manager of the Empresa de Transmisión Eléctrica (Etesa).
Thirteen companies have toured the Etesa power substations as part of the bidding process for the design, supply, construction and financing of the third transmission line of 230 kilowatts.
According to Argelis Echazabal, Project Manager at Empresa de Transmisión Eléctrica S.A. (Etesa), the tour is part of the bidding process as indicated in the tender conditions, so that bidders can obtain all the necessary field information for preparing their proposals.