The project will generate to the Company annual revenues for USD 7.54 million (December 2013 dollars)
ISA was awarded under the public call process opened by the Mining and Energy Planning Unit (Unidad de Planeación Minero Energética, UPME), for the design, procurement of supplies, construction, operation and maintenance of Caracolí (Soledad) substation, 220 kV and associated transmission lines.
The project, located in the department of Atlántico, Colombia should be put into operation by November 30, 2016.
The construction of this project will improve reliability of energy transmission in the Atlántico area and prevent the risks of unattended demand.
This new work adds to other key projects carried out by ISA in Colombia and ratifies its commitment with the country’s development.