Interconexion Electrica S A : ISA CTEEP was the winning bidder of five energy transmission projects
April 24, 2017 at 08:26 pm EDT
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These projects will represent total revenues for USD 127 million.
One of these projects was won in consortium with TAESA
The five Energy Transmission projects, won by ISA CTEEP during the bidding process carried out on April 24 by the Agencia Nacional de Energia Eléctrica (ANEEL) from Brazil, will represent total revenues for USD 127 million.
The project won individually by ISA CTEEP (5, 6, 25, 29) , will be built in the states of Sao Paulo and Paraná, for a total of 147 km of transmission lines between 230 and 440kV and 5 substations with 1,900 MVA of transformation capacity. The lots have a construction period from 42 to 48 months and a 30-year concession period. These projects will be directly financed by ISA CTEEP own resources as well as lending operations in Brazil.
The project won in consortium with TAESA (Lot 1), with a 50% participation of ISA CTEEP, aims at increasing the interconnection transmission capacity in the state of Paraná. The consortium will be responsible for the construction of 1,200 km of energy transmission lines between 230 and 525 kV and three substations with a total transformation capacity of 2,988 MVA.
These projects are part of the group's growth strategy and they will contribute to the Brazilian energy transmission system expansion.
ISA - Interconnection Electric SA ESP published this content on 24 April 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 April 2017 00:26:08 UTC.
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Interconnection Electric SA ESP (ISA) is a Colombia-based company engaged in the transmission of electric power. The Companyâs business is structured into five divisions: Electric Energy Transport, operating a network of high-voltage transmission circuits in Colombia, Peru, Bolivia and Brazil; Smart Management of Real Time Systems, which manages the facilities of the National Interconnected System (SIN), Commercial Settlement System (SIC), Wholesale Energy Market (MEN) and International Electricity Transactions (TIE); Construction of Infrastructure Projects, which include the development of high-voltage and fiber-optic transmission networks; Telecommunications Transport, which is involved in the leasing of the Companyâs transmission networks to other operators, and Road Concessions, which focuses on the construction, management and exploitation of highways, toll roads and other related infrastructure. On September 30, 2013, the Company established a subsidiary, Intercolombia SA ESP.