RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2020-06-04 11:00:00

PERU ELECTRIC INVESTMENT $1.3 BLN

PERU ELECTRIC INVESTMENT $1.3 BLN

ENERDATA - 3 Jun 2020 - The National Interconnected System Financial Operation Committee (COES), which is responsible for the Peruvian electric grid development, has released its preliminary 2021-2030 transmission plan, which would require US$1.3bn of new investments. Ten of the projects envisioned by the plan are expected to start in 2021-2022 and to be commissioned by 2026, for a total investment of US$690m. The near-term projects include the 500 kV Huánuco-Tocache-Celendín-Trujillo, Celendín-Piura and San José-Yarabamba lines, the 220 kV Montalvo-Moquegua line, and the expansion of the 500/220 kV Poroma substation. Another 11 projects, requiring US$628m in investments, would be launched at a later stage. They include the 500 kV Colcabamba-Independencia line, the 220 kV Aguaytía-Pucallpa line and the expansion of the 500/220 kV Yarabamba substation. The projects would allow interconnections to Ecuador, Colombia, Chile, Bolivia and in the long term to Brazil. In addition, they would enable the incorporation of new capacity from non-conventional renewable energy.

In 2017, Peru set a target of 100% rural electrification by 2021, requiring new transmission lines. In November 2019, the country also announced an intermediary target for 2020 of 86% of rural electrification. The government estimates that investment should reach US$1,048m for this purpose and projects will benefit 2.9 million Peruvians. In March 2020, the Ministry of Energy and Mines of Perus signed concession contracts for three high voltage power lines with Cobra's affiliate La Niña SAC, with the objective of strengthening electricity supply in the departments of Tumbes, Piura, Huánuco and Ucayali. As part of the agreement, the company will build and operate the 500 kV La Niña-Piura line (87 km) in northern Peru, a section of the first 500 kV interconnection with Ecuador, which will be extended with the Piura Nueva - Frontera line; ProInversion will tender the concession for this new section in the next few months. In addition, Cobra will build two 220 kV lines, the 158 km long Pariñas-New Tumbes line and the 73 km long Tingo María-Aguaytía line. Projects also include substations and associated expansions. Cobra Instalaciones y Servicios was awarded the projects in October 2019, after pledging an investment of US$91m. The total operation and maintenance cost of the three lines is forecast to reach US$4m/year.

-----

Earlier:

 

 U.S., CHINA LNG INVESTMENT: $3.59 BLN
2019, October, 2, 11:40:00
U.S., CHINA LNG INVESTMENT: $3.59 BLN
Parent company Sempra Energy also announced an agreement to sell an 83.6% stake in the Peruvian Luz del Sur for $3.59 billion in cash to China Yangtze Power International, or CYP, a subsidiary of CTG, a company statement showed.
 
 SAUDIS CLEAN INVESTMENT
2018, January, 22, 08:30:00
SAUDIS CLEAN INVESTMENT
BLOOMBERG - Mexico, Chile and Peru offer strong potential for growth in renewable energy, and governments in the region are courting international investors to help diversify the electricity mix.
 
 PERU: INDIANS PROTESTS
2014, April, 26, 10:25:00
PERU: INDIANS PROTESTS
Protesters Take Over Part of Pluspetrol Oil Block in Peru

 

Tags: PERU, ELECTRICITY, INVESTMENT, GRID
Chronicle:
PERU ELECTRIC INVESTMENT $1.3 BLN
2021, June, 10, 12:39:00
Which Actions Can Fuel The Industry: The 7th International LNG Congress Summary
Global view on the LNG industry future, actions in frames of IMO Regulations, alternative fuels for trucks and fleet, opportunities of LNG increase in Europe, and Bio-LNG and LNG-to-Power initiatives have become some of the topics of the 7th International LNG Congress. It was held at the BGS online platform on the 7-8 of June, and gathered more than 500 decision-makers of the LNG industry.
PERU ELECTRIC INVESTMENT $1.3 BLN
2021, June, 10, 12:38:00
МЕЖДУНАРОДНАЯ КОНФЕРЕНЦИЯ И ВЫСТАВКА "УГОЛЬ РОССИИ И СНГ"
Более 150 руководителей ведущих предприятий угольной промышленности России и СНГ соберет Международная конференция и выставка «Уголь России и СНГ», которая будет проходить 16-17 ноября 2021 в г. Москва Организатор мероприятия: Vostock Capital
PERU ELECTRIC INVESTMENT $1.3 BLN
2021, June, 10, 12:35:00
U.S. OIL INVENTORIES DOWN 5.2 MB TO 474.0 MB
U.S. commercial crude oil inventories decreased by 5.2 million barrels from the previous week to 474.0 million barrels.
PERU ELECTRIC INVESTMENT $1.3 BLN
2021, June, 10, 12:30:00
TC ENERGY HAS TERMINATED KEYSTONE
TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) confirmed today that after a comprehensive review of its options, and in consultation with its partner, the Government of Alberta, it has terminated the Keystone XL Pipeline Project (the Project).
PERU ELECTRIC INVESTMENT $1.3 BLN
2021, June, 9, 12:55:00
OIL PRICE: ABOVE $72
Brent rose 73 cents, or 1%, to close at $72.22 a barrel, WTI rose 82 cents, or 1.2%, to settle at $70.05 a barrel,
PERU ELECTRIC INVESTMENT $1.3 BLN
2021, June, 9, 12:50:00
OIL PRICES 2021-22: $68-60
EIA forecasts that Brent prices will remain near current levels in 3Q21, averaging $68/b., and $60/b in 2022.
PERU ELECTRIC INVESTMENT $1.3 BLN
2021, June, 9, 12:45:00
OPEC+ OIL PRODUCTION UP 430 TBD
Despite the production gains, the looser quotas meant OPEC+ compliance stayed mostly steady at 111.45% compared to 111.16% in April,
All Publications »