Interconexión Eléctrica Secure Contract to Design, Build and Operate A 275Km Power Line Linking Non-Conventional Renewable Energy Projects in Northern Colombia to the National Gird
March 11, 2020
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Interconexión Eléctrica has secured a contract to design, build and operate a 275km power line linking non-conventional renewable energy projects in northern Colombia to the national gird. ISA submitted an annual estimated revenue proposal of USD 76 million to beat off rival bids from Grupo Energía Bogotá (USD 96 million), Celsia (USD 113 million), Alupar (USD 120 million) and NP Latam Holdings (USD 135 million), according to documents seen by BNamericas. The infrastructure will connect the Grupo Energía de Bogotá-operated La Loma substation in Cesar department and ISA-Intercolombia's Sogamoso substation in Santander department. The 500kV line, for which ISA has a 25-year operating contract, is due online by end-2023. Energy ministry planning unit UPME previously declared the La Loma-Sogamoso project 'urgent', arguing that the line is needed to connect generation projects that were awarded contracts at last year's firm energy and renewables supply auctions. The line is ISA's third renewable energy grid connection project, joining the Cuestecitas-Copey-Fundación and Refuerzo Costa Caribe lines.
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 Secure Contract to Design, Build and Operate A 275Km Power Line Linking Non-Conventional Renewable Energy Projects in Northern Colombia to the National Gird
INTERCONEXIÓN ELÉCTRICA S.A. E.S.P. 
