The Private investment promotion agency (Proinversión) has announced that it will award two electrical projects: the Cáclic to Jaén Norte transmission line public-private partnership (PPP) project and the Ica to Poroma transmission line PPP project in Peru.

The projects will meet the demand for electricity in the departments of Ica, Amazonas and Cajamarca. The projects will meet the demand for electricity in the departments of Ica, Amazonas and Cajamarca and provide quality electricity to more than 370,000 people in the three regions. The positive aspects of both projects will be disputed by 9 pre-qualified bidders, which reflects the interest of investors in Peru. Projects will be awarded to the bidder who offers the lowest total cost of services in accordance with the provisions of the bids. The PPP model will provide quality infrastructure and utilities.

The investment in both projects is US$132 million and the concession term in each case is 30 years. The concessionaire will be responsible for design, financing, construction, operation and maintenance. Both projects should cover the growing demand for industries, businesses and services in each of the districts, as well as the demand for housing in three departments.