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Panama advances efforts to bolster generation park

Bnamericas Published: Monday, June 09, 2014

Panama's authorities are continuing to take steps to cover electricity consumption growth as the country's maximum power capacity demand in April hit 1,429MW.

A record of 1,466MW was set this March after 1,435MW the month before, information from national dispatch center CND revealed. Maximum power capacity demand this year is forecast to hit 1,615MW.

The latest move comes from public services regulator Asep which granted state power generator Egesa a provisional license for 72MW barge Estrella de Mar I in Colón province.

To secure the definitive license, the company has 12 months to submit detailed transmission or distribution connection information; a map describing required rights of way or acquisitions; an authenticated copy of the EIS approval resolution from environment authority Anam; and an authenticated copy of the Anam-approved EIS and authorization from state transmission company Etesa.

The barge is part of a deal with AES Panamá that the government approved last month.

Egesa also selected Odebrecht Energy Luxembourg as a strategic partner to develop 200MW hydro Changuinola II in Bocas del Toro province.

Odebrecht was the sole bidder with an offer of US$1.05bn, according to the Egesa award resolution.

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