Panama developer issues draft bid rules for 30-MW Bonyic

A Panama hydro developer has made draft bidding rules available to build and equip the 30-MW Bonyic hydroelectric project on Panama’s Teribe River.

Hidroecologica del Teribe told Business News Americas the rules are for Bonyic’s electro-mechanical and hydro-mechanical equipment, civil works, and transmission lines. A bidding schedule was not provided.

The US$50 million project is to take two years to build in Bocas del Toro Province. Water will be channeled through a 3.9-kilometer tunnel to a powerhouse near Rancho Quemado containing three 10-MW Francis turbine-generators.

Colombia utility Empresas Publicas de Medellin, which owns 75 percent of Hidroecologica del Teribe, approved a US$20 million investment in Boynic earlier this year. The developer received a 50-year concession from the Panama government to build, own, and operate Bonyic in 1996.

For information, contact Hidroecologica del Teribe, Hi-Tech Plaza, Piso 6, Ciudad de Panama, Panama; (507) 2148525; Fax: (507) 2146366; Internet: www.hidroecologica.com.

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