Ecuador’s tender for transmission system draws foreign interest

March 23 (Renewables Now) — Four companies from three countries have sent expressions of interest to participate in Ecuador’s tender to build and operate a 290-kilometre (180 km) transmission system. .2 miles) that will supply cleaner electricity to an isolated grid that supplies oil producers in the northeast of the country.

In a press release on Tuesday, Ecuador’s Ministry of Energy and Non-Renewable Natural Resources did not name the four companies, but said they were from Spain, Peru and Colombia. The deadline for submitting expressions of interest for the Nororiental transmission project expired on March 16 after being extended from February 14.

The announcement of the company pre-qualified to progress further is scheduled for April 22, 2022, the ministry said.

The bidding process for the Nororiental transmission system is part of a wider public selection process to find concessionaires who will build and operate several power projects in the country under the Electricity Master Plan of Ecuador 2018-2027. In two other rounds, interested bidders will compete to build a 400 MW and 500 MW combined cycle gas-fired power plant of new unconventional renewables – wind, solar, small hydro and biomass.

The three tenders were officially launched in December 2021.

For the transmission project, the ministry will award a 30-year concession, anticipating that the construction will bring an investment of around 386 million dollars (351.1 million euros).

The winning party will finance, design, build and maintain three transmission subsystems, six new substations and a transmission line capable of supplying approximately 300 MW. The objective of the project is to connect the isolated interconnected system of the northeast to the national SNI network.

($1.0 = EUR 0.91)

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