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  3. PROINVERSIÓN EXPECTS TO AWARD EIGHT ELECTRICITY PROJECTS FOR US$ 700 MLL IN THE FIRST HALF OF 2024
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THREE STAKEHOLDERS PRESENT CREDENTIALS TO MODERNIZE THE HUANCAYO - HUANCAVELICA RAILWAY PROINVERSIÓN PROMOTES PPP PORTFOLIO IN SANITATION FOR MORE THAN US$ 2.2 BILLION THE NEW MARCONA PORT WOULD BOOST INVESTMENTS OF MORE THAN US$ 15 BILLION IN THE SOUTH OF THE COUNTRY MTC COMMISSIONS PROINVERSIÓN A STUDY TO PROMOTE THE SUSTAINABLE BACK NETWORK MTC COMMISSIONS PROINVERSIÓN 20 ROAD AND TWO PORT PROJECTS FOR MORE THAN US$ 3.5 BILLION EIGHT BIDDERS PRESENT CREDENTIALS TO PREQUALIFY FOR THE LONGITUDINAL DE LA SIERRA HIGHWAY SECTION 4 USERS OF THE VILLA EL SALVADOR EMERGENCY HOSPITAL WILL RECEIVE QUALITY SERVICES PROINVERSIÓN INCORPORATES THE TRUJILLO AND CHEPÉN WWTP PROJECT TO THE PROMOTION PROCESS PROINVERSIÓN PROMOTES PERIPHERAL RING ROAD TO POTENTIAL INVESTORS IN EUROPE MINDEF WOULD ENTRUST PROINVERSIÓN WITH THE AWARD OF A SPACEPORT IN TALARA FOR MORE THAN S/ 1 BILLION PROINVERSIÓN CALLS FOR BIDS ON FOUR ELECTRICITY PROJECTS FOR US$ 137 MILLION PROINVERSIÓN PROMOTES THREE INVESTMENT ATTRACTION MECHANISMS TO STRENGTHEN CONFIDENCE IN PERU THE MINISTRY OF TRANSPORT AND COMMUNICATIONS ENTRUSTED PROINVERSIÓN WITH A NEW PORTFOLIO OF PPP PROJ PROINVERSIÓN: PPP PORTFOLIO IN HEALTH 2024-2025 AMOUNTS TO US$ 700 MILLION 1071 LEGAL STABILITY AGREEMENTS FOR US$ 16,000 MILLION HAVE BEEN SIGNED SINCE THEIR IMPLEMENTATION PROINVERSIÓN STARTED FOURTH UNIVERSITY EXTENSION COURSE IN PPP PROINVERSIÓN: 10 PROJECTS FOR US$ 433 MILLION ACCESSED TO THE SPECIAL REGIME FOR RERAIGV IN 2023 PUBLIC ENTITIES PLAN TO AWARD MORE THAN S/ 1,000 MILLION IN WORKS FOR TAXES IN 2024 PROINVERSIÓN OBTAINS ISO ANTI-CORRUPTION CERTIFICATION PROINVERSIÓN EXPECTS TO AWARD EIGHT ELECTRICITY PROJECTS FOR US$ 700 MLL IN THE FIRST HALF OF 2024 WORKING WITH OTHER STATE ENTITIES TO ENSURE SUSTAINABLE PPP PROJECTS THE AGREEMENT UNITED AGAINST ANEMIA AND CHILD MALNUTRITION THROUGH WORKS-FOR-TAXES WAS SIGNED PROINVERSIÓN IS THE NATIONAL CONTACT POINT FOR THE RESPONSIBLE BUSINESS CONDUCT OF THE OECD PROINVERSIÓN: MINDEF PLANS TO EXECUTE 12 PROJECTS FOR MORE THAN S/ 780 MILLION THROUGH OXI PUNO BETS ON PUBLIC-PRIVATE INVESTMENT AND PRESENTS 23 PROJECTS FOR MORE THAN S/ 4,000 MILLION PROINVERSIÓN: VIETTEL PERU WILL EXTEND 4G MOBILE SERVICES TO MORE THAN 3,800 RURAL LOCATIONS PROINVERSIÓN PROMOTES ANCON INDUSTRIAL PARK PROJECT IN BEIJING WORKS FOR TAXES: GORE MOQUEGUA AND SOUTHERN PERÚ WILL IMPROVE SCHOOL WITH S/ 76.8 MILLION THIS MONTH MTC WILL CALL FOR TENDER FOR THE SANTA ROSA BRIDGE THAT WILL CONNECT TO THE JORGE CHÁVEZ MODERNIZATION OF THE HIPÓLITO UNANUE HOSPITAL TO BE DECLARED VIABLE IN THE FIRST QUARTER OF 2024 PROINVERSIÓN EXPECTS TO AWARD EIGHT PPP PROJECTS FOR UP TO US$ 5,700 MILLION. IN THE NEXT SIX MONTHS PROINVERSIÓN WILL AWARD TWO ELECTRICITY PROJECTS FOR ABOUT US$ 800 MILLION IN OCTOBER PROINVERSIÓN SIGNS AGREEMENTS TO PROMOTE PROJECTS IN ASSETS IN AREQUIPA RESOURCES FROM GORES, LOCAL GOVERNMENTS AND PUBLIC UNIVERSITIES FOR OXI GROW TO MORE THAN S/ 25,000 PROINVERSIÓN STRENGTHENS ACTIONS TO ATTRACT INVESTMENT ABROAD FOR PPP PROJECTS IN PERU 10 MTC PROJECTS PER S/ 2,000 MILLIONS ARE READY TO BE FINANCED BY COMPANIES THROUGH OXI PROINVERSIÓN ORGANIZES ROADSHOWS IN MEXICO AND CHILE TO ATTRACT INVESTORS TO PPP PROJECTS PROINVERSIÓN ACHIEVED OVER US$ 1,000 MILLION INVESTMENT IN SIX AWARDS IN I SEMESTER 2023 VIETTEL PERU WILL INVEST AROUND US$ 600 MILLION TO CONNECT RURAL AREAS WITH 4G SERVICES PROINVERSIÓN MANAGED AND AWARDED 103 PROJECTS IN ASSETS FOR MORE THAN US$ 7,500 MILLION METRO LINE 1 WOULD PROPOSE TO INCREASE DAILY TRANSPORT CAPACITY TO ONE MILLION PASSENGERS LIMA PROVINCES REGION HAS S / 370 MILLION TO EXECUTE INVESTMENTS VIA WORKS FOR TAXES PROINVERSIÓN: 2023 WOULD BE A RECORD YEAR OF AWARDS THROUGH WORKS FOR TAXES PORTFOLIO IN PROMOTION THROUGH OXI CONSISTS OF 371 INVESTMENTS FOR MORE THAN S/ 13,000 MILLION PROINVERSIÓN WILL AWARD THE CONTRACT FOR THE ESSALUD HOSPITALS IN THE SECOND QUARTER OF 2023 CAPITAL EXPENDITURE IN THE LA GRANJA MINING PROJECT GROWS TO MORE THAN US$ 2,400 MILLION PROINVERSIÓN WILL AWARD 10 ELECTRICITY TRANSMISSION PROJECTS FOR US$ 1,100 MILLION IN 2023 PPP INVESTMENTS IN PORTS WILL EXCEED US$ 3,500 MILLION PROINVERSIÓN PROMOTES THE DEVELOPMENT OF THE CAJAMARCA WWTP PROJECT WITH AN INVESTMENT OF US$ 58 MIL PROINVERSIÓN: MORE THAN S/ 620 MILLION WILL BE AWARDED IN 2023 IN WORKS FOR TAXES PROINVERSIÓN: UNSOLICITED PROPOSALS PRESENTED TO MODERNIZE THE PORT OF CHIMBOTE ACCIONA CONCESIONES WAS AWARDED THE TWO ELECTRICITY PROJECTS PROMOTED BY PROINVERSIÓN

PROINVERSIÓN EXPECTS TO AWARD EIGHT ELECTRICITY PROJECTS FOR US$ 700 MLL IN THE FIRST HALF OF 2024

Lima, December 4, 2023.- The Private Investment Promotion Agency (PROINVERSIÓN) forecasts that 2024 will be another year of rebound in the awarding of electricity transmission projects under the Public-Private Partnership (PPP) modality. This follows the successful concession of 10 electricity projects, for an estimated investment amount of US$ 1,369 million in 2023.

For next year, PROINVERSIÓN plans to award 18 electricity transmission projects (grouped into four groups) for US$ 900 million, corresponding to the 2023 - 2032 Transmission Plan commissioned by the Ministry of Energy and Mines.

The awards, in 2024, will begin in the First Semester with eight (8) electricity transmission projects, grouped into two groups (Group 1 and 2), which together will require an estimated investment of US$ 700 million. 

Precisely, to attract investors to the bidding processes of these eight (8) projects, today PROINVERSIÓN presented the technical and legal aspects of these projects to representatives of electricity project developers, consultants and banks.

Group 1, called in September 2023, is comprised of three (3) projects that will require an estimated investment of US$ 337 million. These are the following initiatives:

  • Poroma “Hub” Nueva Substation (First Stage) and 500 kV “Hub” Poroma - Colectora Link, extensions and associated substations.
  • San José “Hub” Nueva Substation – First Stage and 220 kV “Hub” San José Link – Repartición (Arequipa), extensions and associated substations (ITC Project).
  • Marcona II Nueva Substation and 138 kV Marcona II - San Isidro (Bella Unión) - Pampa (Chala) Link, extensions and associated substations (ITC Project)

The execution of these three (3) projects will benefit more than 1 million people in the regions of Ica and Arequipa because it will strengthen and improve the reliability of the electricity transmission systems in the southern part of the country, which will facilitate the transport of electricity generated by renewable energy resources for the benefit of the economies of each region.

Group 2, called in August 2023, is comprised of five (5) projects, which will require an estimated investment of US$ 374 million. These are the following projects:

  • 500 kV Chilca CTM-Carabayllo Transmission Line - Third Circuit (Component 1.1 of the Binding Project 500 kV Link Chilca, CTM-Carabayllo, Transformation Extension and Air Core Reactor Chilca CTM Substation).
  • 500/220 kV Bicentenario Nueva Substation, expansions and associated substations
  • 220 kV Chavarría - Santa Rosa - Carapongo Link Reconfiguration, lines, extensions and associated substations (ITC Project)
  • 220 kV Muyurina Nueva Substation, Ayacucho Nueva Substation, 220 kV Muyurina-Ayacucho TL, extensions and associated substations
  • Supply Capacity Extension of the Ica Electric System (ITC Project)

These five (5) projects will benefit approximately 4 million people in the regions of Lima, Ica and Ayacucho. Its implementation will significantly contribute to improve the safety and reliability of 500 kV transmission in Lima, optimize the connection between 220 kV and 500 kV systems (to boost regional economies, boosting industrial, commercial and service activities), and provide a better quality of service to households.

The presentation of the two groups of electricity transmission projects was attended by the General Director of Electricity of MINEM, Elvis Tello Ortiz, and the Executive Director of PROINVERSIÓN, José Salardi.

"Our commitment is to carry out these projects in coordination with the MINEM and the MEF, to contribute to the closing of gaps and economic growth, because electricity is the fundamental support for any economic activity," said PROINVERSÓN's executive director, José Salardi. 

The electricity transmission projects will be awarded under the Comprehensive Project Tender modality to the bidder that offers the lowest Total Service Cost for each group, as established in the Bidding Terms so that the concessionaire will be in charge of designing, financing, constructing, operating and maintaining the mentioned groups of projects.

Source: Press Release - PROINVERSIÓN