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ICE
Expects Garabito Tender in September
Costa Rica's state monopoly on electrical power,
the Institutio Costarricense de Electricidad
(ICE) September plans to relaunch bidding to
build the Garabito (Jacó) thermo project,
according to an ICE official.
ICE took the decision after failing to reach a
definitive price agreement with Japan's Hitachi.
Legal closure of the original bidding process
took place at the end of March.
ICE has secured Garabito's environmental license
and requested permission from the Contraloría
General de la República (comptroller general) to
set up a trust to finance the project, the
official said.
Under the new process, Garabito's capacity will
be 160 Megwatss instead of 120 Megawatss and
boast medium-velocity bunker fueled motors
instead of the originally envisioned diesel
turbines.
Construction of Garabito will take 18-20 months
to complete. The project will cost some us$160
million.
ICE also is carrying out studies for two
additional thermo projects, the official said.
The first project is an upgrading to 40
Megawatts of the 20 Megawatts Colima plant,
built in the 1950s, the official said. The other
entails expanding capacity by 40 Megawatts at
the 356 Megawatts Moín plant.
Both projects also will use medium-velocity
bunker-fueled motors.
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