Latin America News

Latest news and developments from Latin America region

• Chilean Transelec to pay USD1.8 million fine for project delays

  March 6, 2013
  Chile’s supreme court has imposed a fine of USD1.8 million on Chile's main power transmission company Transelec SA for delaying the construction of the El Rodeo–Chena power line in Maipo province.

• Bolivian government to compensate Spanish REE

  March 6, 2013
  Bolivia’s government is ready to provide compensation to Spanish electricity grid operator Red Electrica de Espana (REE) for the expropriation of its local unit Transportadora de Electricidad (TDE).

• Mexican power company CFE awards Abengoa 400 kV project

  March 6, 2013
  The national power company of Mexico, Comisión Federal de Electricida (CFE) has awarded a USD54 million contract to Spain-based Abengoa S.A. As per the contract, Abengoa will be responsible for the construction of two substations and a 201 km long, 400 kV transmission line in the northwest state of Sonora.

• Brazil MPF announces public inquiry on 500 kV Tucurui–Manaus line

  March 5, 2013
  Brazil’s Ministério Público Federal (MPF) or the Federal Public Ministry has announced a public inquiry on the environment impacts of the BRL3 billion Tucurui–Macapa–Manaus transmission line linking the remote Amazonian communities to the national power grid.

• Brazilian power company Furnas invested BRL2.39 billion in 2012

  March 1, 2013
  Brazilian power company Furnas Central Electric SA (Furnas), a subsidiary of Eletrobras, has invested BRL2.39 billion or 91 per cent of its budget estimates in 2012.

• Copel to invest BRL46 million in Brazilian power sector

  March 1, 2013
  Brazil's state-owned power utility Companhia Paranaense de Energia (Copel) has announced an investment of BRL46 million to upgrade its power network in Curitiba, the capital of the southern state of Parana.

• Argentine CFEE seeks contractors for IDB-funded line

  February 28, 2013
  Argentina's federal power utility Consejo Federal de Energía Eléctrica (CFEE) has launched an international tender for the design and supply of material and equipment, and installation and commissioning of the 121 km, 132 kV Lujan–P. Industrial transmission line.

• Brazilian Furnas invites bids for two grid projects

  February 28, 2013
  Brazilian power company Furnas Central Electric SA (Furnas), a subsidiary of Eletrobras, has invited competitive bids for supplying and commissioning protection and controls systems for a 345/230 kV autotransformer bank at the Bandeirantes substation.

• Brazilian Aneel announces new rule for wind power connectivity

  February 27, 2013
  Brazil power regulator Agencia Nacional de Energia Eletrica (Aneel) has announced a new rule for wind-energy companies as per which the developers participating in auctions for contracts to sell electricity from wind farms will also be responsible for connecting their power plants to the grid.

• Eletronorte invites bids for Altamira power substation in Brazil

  February 26, 2013
  Brazilian power utility Centrais Elétricas do Norte do Brasil S.A (Eletronorte), a subsidiary of state-owned Centrais Eletricas Brasileiras (Eletrobras), has invited bids for expanding its 230/69/13.8 kV Altamira power substation located in the northern state of Para.

• Brazil-based CPFL Geraca signs contract for transmission concession

  February 26, 2013
  Brazilian power generation company Companhia Paulista de Força e Luz (CPFL) Geracao, a subsidiary of CPFL Energia, has signed an agreement for the concession of the Piracicaba power substation located in the southern state of Sao Paulo.

• Brazil to offer low interest credit programme for power projects

  February 22, 2013
  The Brazilian federal government plans to offer low interest credit for innovative electric energy projects.

• Venezuelan Corpoelec to install 10 substations in 2013

  February 22, 2013
  Venezuelan national power company Corporación Electrica Nacional, S.A (Corpoelec) has planned to initiate installations of 10 new substations with cumulative capacity of 750 MVA in 2013. The substations are likely to be ready by 2014.

• Argentina government to award 132 kV substation contract without auction

  February 22, 2013
  The Catamarca province’s regulators in Argentina have decided to award the contract of construction of a 132 kV substation, which is a part of a new connection between Catamarca city and the national power network, without auction.

• Peru-based ProInversión awards 220 kV line to Abengoa Peru

  February 22, 2013
  ProInversión, Peru's private investment promotion agency, has awarded a 30-year concession contract for building and operating the 220 kV Machu Picchu–Quencoro–Onocora–Tintaya transmission line project to Abengoa Peru, which is a subsidiary of the Spain-based Abengoa S.A.

• Brazilian Eletrobras to sell assets to boost revenues

  February 21, 2013
  Brazil federal government-owned power company Centrais Eletricas Brasileiras (Eletrobras) is planning to boost revenues by 30 per cent by selling its assets over the next three years.

• Brazil and Guyana to strengthen bilateral relations

  February 21, 2013
  The governments of Brazil and Guyana are looking to strengthen bilateral relations, especially in the areas of construction of hydroelectric power plants.

• Brazilian power supplier AES Sul to spend BRL271 million in 2013

  February 19, 2013
  Brazilian power supplier AES Sul has plans to spend BRL271 million on the expansion and modernisation of its power network in 2013.

• Power company Furnas invites substation bids in Brazil

  February 19, 2013
  Brazilian power company Furnas Central Electric SA (Furnas), a subsidiary of Centrais Eletricas Brasileiras (Eletrobras), is seeking contractors for the construction of the new Jacarepagua substation in Rio de Janeiro state.

• Chilean copper company Codelco seeks approval for 220 kV transmission lines

  February 19, 2013
  Chile’s federal copper producer Codelco has submitted an environment clearance application to construct a 760 MW combined cycle plant in the Antofagasta region.