|
|
Article: Chile awards power contract.(Latin America)(Empresas Emel contract with Empresa Electrica del Norte Grande S.A.,)(Brief article)
- Article from:
- The Oil Daily
- Article date:
- September 18, 2009
CopyrightCOPYRIGHT 2009 Energy Intelligence Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Chilean electricity distributor Empresas Emel has awarded power generator Empresa Electrica del Norte Grande a 14-year contract worth about $3 billion to supply its distribution subsidiaries in northern Chile from 2012 to 2026.
Edelnor will supply Emel's subsidiaries Eliqsa and Elecda, with a total 1,800 gigawatt hours of energy annually from 2012, gradually increasing to 2,300 gigawatt hours by 2016 and remaining at that level until 2026.
Edelnor submitted the lowest economic bid $89.99/megawatt hour indexed 60% to the monthly average Henry Hub liquefied-natural-gas price and 40% to the US consumer price index - for all 23 sub-blocks of energy supplies ...