Four teams shortlisted for USD386 million transmission system PPP project in Ecuador

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Four teams shortlisted for USD386 million transmission system PPP project in Ecuador

Ecuador's Ministry of Energy and Non-renewable Natural Resources has shortlisted four bidding teams for its Nororiental transmission system concession. Under the concession, the private partner will be responsible for the design, finance, build, and operation (DBFO) of 290 kilometers of power lines, three transmission sub-systems, and six new substations for the concession period of 30 years.

The shortlisted bidders are:

  1. Celeo Redes SLU;
  2. Cobra Instalaciones y Servicios SA and Cymi Construcoes e Partipacoes SA JV;
  3. Interconexion Electrica Peru SA ESP ISA;
  4. Electricas de Medellin Ingenieria y Servicios SAS.

These four teams will now participate further in the procurement process. The authority plans to award the concession on January 23, 2023.

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