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Ecuador energy company launches insurance tender

Bnamericas Published: Wednesday, June 10, 2020
Ecuador energy company launches insurance tender

Ecuador's state energy company Celec has launched a US$26.2mn insurance tender for its 13 hydroelectric plants and a wind farm.

Bids will be received until 4:00 p.m. on July 6 and contract awarding is planned for July 21, according to the government's procurement portal.

Clarifications can be requested until June 15 and inquiries will be answered until June 22.

Last month, Celec launched an auction for a US$14.1mn thermo plant insurance contract. This auction will run until June 24.

Celec has five thermo units and an installed thermoelectric capacity of 1.87MW.

More details on the latest tender can be seen here, in Spanish.

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