Hydroelectric Project – Panama

CHUSPA

10 MW HYDROELECTRIC PROJECT IN PANAMA

Tecnología: Hydroelectric 

Potencia: 10  MW

Mercado: Panama (2017)

Construcción: 2017 

Inicio de Operación: Q1 2018 

 

Project Details

BAS CORPORATION takes part, through its strategic partner DOMINION, in the construction of 10 MW Chuspa hydroelectric plant in Chiriquí, a province from Panama. The EPC contract was signed in October 2016, and the works started immediately. The project includes the construction of 3 different water intakes, pipelines, loading chamber, engine room with 2 VOITH turbines of 5.5 MW, and a 15 km interconnection line. BAS CORPORATION has played a key role in the structuring of financing granted to the promoter by the financial entities CIFI and BANISTMO, making possible a project with difficulties of access to funding due to lack of trackrecord of the local sponsor.