Category: Latin America Company News

China CET to build USD1.1 billion grid project in Argentina

The Government of Argentina has awarded a contract to China Electric Power Equipment and Technology (CET), a subsidiary of state-owned State Grid Corporation of China (SGCC), to engineer, design, supply and construct a USD1.1 billion project aimed at improving the 500 kV grid network in Área Metropolitana de Buenos Aires (AMBA) or the Metropolitan Area of Buenos Aires.

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Hitachi to supply power reactors for 500 kV project in La Guajira, Colombia

Hitachi ABB Power Grids has received a contract from Colombian Grupo Energía Bogotá’s (GEB), to supply power reactors for the 500 kV Colectora–Cuestecitas–La Loma Transmission Line and Associated Network Project. As per the contract, Hitachi will be involved in the design, manufacture, transportation, installation, training and delivery of the single-phase, 500 kV line reactors for the project in La Guajira.

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Chilean CEN awards USD202 million worth transmission works

Chilean national electricity system coordinator, Coordinador Eléctrico Nacional (CEN), has awarded USD202 million worth of transmission works under the Expansion Works of Decree No. 171/2020, and Exempt Decrees No. 418/2017, No. 293/2018 and No. 198/2019.

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Colombian Ecopetrol purchases state’s share in ISA

Colombian Ministerio de Finanzas or Ministry of Finance has signed an Inter-Administrative Share Purchase Agreement with Colombia-based oil company Empresa Colombiana de Petróleos S.A. (Ecopetrol SA) for the sale of its shares in Colombian power company Interconexión Eléctrica (ISA).

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Ecuador Transelectric awards USD50 million transmission contracts

Ecuador’s state-owned power company, La Empresa Pública Estratégica Corporación Eléctrica del Ecuador (CELEC EP), through its transmission unit Transelectric, has awarded transmission contracts worth USD49.86 million under the Inter-American Development Bank (IaDB)-funded Support for the Advancement of Energy Matrix Change Programme.

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