The Government of Argentina is launching it's first public-private partnership electric transmission bidding process Río Diamante-Charlone transmission line, after prompting the expansion of installed electric power generation capacity and allow tariff reviews for distribution and transportation services.
During 2016 and 2017, the current Energy Government Secretariat awarded long-term PPAs for a thermal power plant and renewable energy projects. With these awards, the Government sought to remedy the vulnerability of the electric system and at the same time, begin to diversify the energy matrix through the incorporation of energy generation sources in accordance with the Renewable Energy Law. Thus in the last quarter of the year, investment in the electric sector will focus on transportation.
The Río Diamante-Charlone transmission line project comprises the development of a structure for the 490-km, 500-kV in the central part of the country. Unlike the PPA awards, in which then Ministry of Energy acted through the Administrative company of the Wholesale Electric Market SA (CAMESA), the contracting entity of this project will be the state company Integración Energética SA.