Chile's central grid operator CDEC-SIC awarded Colombia's ISA and local group Transelec contracts to build and operate transmission infrastructure on the country's main grid, according to Business News Americas.
ISA picked up 500/200 kV 750 MVA autotransformer banks for new substations Cardones, Maitencillo and Pan de Azúcar which will require a combined $75.8 million, CDEC said in a statement. ISA will receive $2.62 million/year when operations begin.
Transelec won a contract to build a third 500/220kV 750 MVA autotransformer bank at the Alto Jahuel substation. Investment reaches $44.7 million and the company will receive $3.06 million/year.
The Chilean group also picked up new 220 kV line Lo Aguirre-Cerro Navia that will cost $54.6 million. Transelec will receive $9.59 million/year.