Peru issues second call for Ecuador power link

Peru’s investment promotion agency ProInversión has launched a new tender for the 500kV Piura Nueva-Frontera power transmission concession.

BNamericas previously reported that the original process was cancelled after only one offer was submitted.

Piura Nueva-Frontera is part of a planned link with Ecuador and includes a 270km line from the Piura Nueva substation to the border with Peru’s northern neighbor and expansion of the substation.

The deadlines to pay the participation fee and submit qualification documents are April 7 and 11, respectively, and bids for the 30-year contract will be accepted around midyear.

Estimated investment reaches US$217mn, and the winner will have four years to complete the work.

ProInversión said that “the electrical interconnection project with Ecuador will result in mutual benefit, by making possible the availability of alternative sources of energy supply, in case of adverse weather conditions or in the event of large accidents in the systems.”

In addition, the project “will allow the import of energy from Ecuador that would mitigate the increase in the electricity rate in the national interconnected electricity system, due to the postponement of the entry into operation of the south zone integrated gas transport system.”

Documents for the second call are available at: procurement notice, reference terms and promotion plan.

In its just approved 2023-32 power transmission plan, Peru’s grid coordinator COES highlights that “regarding international interconnections, the interconnection with Ecuador is the one with the highest degree of progress.”

Also read Ecuador secures funds for Peru power interconnection