NEW EXECUTION MECHANISM FOR ELECTRIC TRANSMISSION LINES

ELECTRICIDAD

In order to accelerate the development of Transmission projects, the Electric Industry Law envisages that the State, through SENER (Ministry of Energy), may execute agreements with the private sector for the implementation of such projects.

Based on the above, SENER has designed the New Contracting Model for Electric Transmission Lines which will enable to:

1.- Carry out, through SENER, tenders for the assignment of contracts to the private sector, which in turn, will finance, develop and operate Transmission Lines projects derived from PRODESEN;
2.- Finance these projects with funds of the Wholesale Electricity Market, without the need of budgetary resources;
3.- Increase the participation of clean energies in the generation grid;
4.- Generate competition in the electric power transmission segment.

Source: SENER
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