ISA wins Colombia power transmission contract

Colombia's mines and energy planning unit UPME awarded state-owned transmission firm ISA a transmission contract in Caribbean-facing Atlántico state, ISA and UPME said in separate releases, Business News Americas.

Responsibilities include the design, construction, operation and maintenance of the 220 kV Caracolí substation and associated lines, near the city of Soledad.

ISA is required to have the substation operational by November 30, 2016 and expects the facility to generate $7.54 million per year, the firm said.

ISA won the tender with an offer of $61.2 million, beating primary rival EEB's $89.4 million offer, UPME said.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs