Peru again extends bidding for power from new hydro projects

Peru’s private investment agency again extended the schedule for bidding to supply power from new hydroelectric projects with delivery beginning in 2013. Applications for qualification now are due August 31, 2009, followed by power price bids September 16.

Agencia de Promocion de la Inversion Privada (ProInversion) seeks power supply bids from companies having definitive or temporary concessions to develop hydroelectric projects. (HydroWorld 5/21/09) Bidders must have experience operating or constructing a hydro plant of at least 50 MW in the last 10 years.

ProInversion said the purchase of blocks of energy from new hydro projects in the medium term will facilitate financing of the projects. It said such agreements grant the security of the Peruvian government to a project. In addition, it said the government would support investor efforts to avoid delays of permitting, licensing, or social conflicts.

Bids are to include the price of supply in dollars per megawatt-hour on January 1, 2013, and the amount of energy offered. ProInversion plans to award contracts based on the lowest energy price, purchasing energy blocks until the contracts covers power system demand.

ProInversion has disseminated tender documents and preliminary drafts of concession contracts and power supply contracts. Final contract versions now are to be released August 27 along with announcement of the maximum award price. A fee of US$2,000 is required to participate.

Bidding documents, in Spanish, may be obtained from the ProInversion Internet site, www.proinversion.gob.pe, under the link www.proinversion.gob.pe/0/0/modulos/JER/PlantillaFichaHijo.aspx?ARE=0&PFL=0&JER=3889. Information on the extended deadlines may be found under the links “Doc. Del Proceso” and “Circulares.”

Applications for qualification are due August 31. Bids are due September 16. For information, see ProInversion’s Internet site, www.proinversion.gob.pe, or contact Luis E. Cuneo Nettles, ProInversion, Paseo de la Republica No. 3361, Edificio Petroperu, Piso 8, San Isidro, Lima, Peru; (51) 1-6121200, extension 1341; Fax: (51) 1-6121210; E-mail: lortigas@proinversion.gob.pe.

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