Chile Launches US$192mn Transmission Tender - Finance and Banking - Mondaq Chile - Mondaq Business Briefing - Books and Journals - VLEX 652055453

Chile Launches US$192mn Transmission Tender

Author:Mr Cody Mcfarlane
Profession:Harris Gomez Group
 
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Chile's central grid operator CDEC-SIC launched a tender for three transmission projects requiring an estimated US$192mn in investment.

The first project entails the installation of transformer banks at the Nueva Cardones, Nueva Maitencillo and Nueva Pan de Azúcar substations, and would require US$72.5mn, according to the official bidding reference terms.

The second project, requiring an estimated US$107mn in investment, comprises a 2x220kV transmission line connecting the Nueva Maitencillo, Punta Colorada and Nueva Pan de Azúcar substations.

The third and final project, requiring US$12.8mn in investment, is for the construction of the Nueva Lampa substation.

CDEC-SIC will accept economic and technical offers between January 6 and January 11, 2017.

Projects are scheduled to be awarded on March 14, 2017, with construction expected to start in April 2017.

Projects are meant to strengthen the trunk system of the central SIC power grid ahead of its interconnection with the northern SING grid.

Official bidding reference terms (in Spanish) can be found here.

Harris Gomez Group can assist foreign companies that are interested with reviewing the reference terms among other legal matters that would arise. Our Business Advisory is also available to assist with the commercial aspects.

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