Interconexion Electrica S A : ISA won its second public bidding process for energy transmission this year in Colombia
June 14, 2018 at 05:33 pm EDT
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This project awarded by UPME, is to adapt the national transmission grid to incorporate the new renewable energy coming from the northern of the Atlantic Coast and provide a higher level of safety and reliability.
ISA will receive annual revenues for USD 1,49 million.
The Energy Mining Planning Unit (UPME) awarded ISA, through open public bidding process, the design, construction, operation and maintenance of the second 500/230 kV /360 MVA transformer at the Ocaña Substation.
This project, which shall be in operation on June 30, 2020, is to adapt the national transmission grid to incorporate renewable energy coming from the north zone of the Atlantic Coast to provide a more reliable and safe service level.
The reference investment estimated value by UPME for this project is USD 13,7 million and ISA will receive annual revenues for USD 1,49 million (December 2017 dollar value reference) once in operation. INTERCOLOMBIA, ISA's affiliate, will be in charge of its execution and operation.
In May, the Energy Mining Planning Unit (UPME) had awarded ISA, through open public bidding process, the design, construction, operation and maintenance of the third 500/230 kV /450 MVA transformer at the Sogamoso Substation in the Department of Santander. This project will generate annual revenues for USD 1,06 million (December 2017 dollar value reference), once in operation.p>
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ISA - Interconnection Electric SA ESP published this content on 14 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 June 2018 21:32:04 UTC
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.
INTERCONEXIÓN ELÉCTRICA S.A. E.S.P. 
