ISA wins transmission concession in Peru

Peru's private investment promotion agency ProInversión has selected ISA as the preferred bidder for the Friaspata-Mollepata transmission project.

ISA beat out competition from Abengoa by bidding for US$5.72 million. Abengoa's bid was US$6.63 million.

The project involves the development of a 90.5 km 220 kV transmission line which will link the Ayacucho system and the national grid by linking the Fiaspata substation and the Mollepata substation. The project also involves the upgrade of those two substations and the development of the new Orcotuna substation.

The project will be developed on a design, build, finance, operation and maintenance (DBFOM) basis. The concession period is 30 years. The project is expected to be operational in 2 years.

The total project investment is estimated at about US$40 million.

The project will be developed by the consortium Transmantaro: CTM (60%), a subsidiary of ISA, and EEB (40%), the parent company from Grupo Energía de Bogotá.

Currently ISA operates in Peru through its two transmission concessionaires REP and Transmantaro.