Actualizado 20/04/2006 01:20
- Comunicado -

Chilectra Initiates Power Supply Tender Process

SANTIAGO, Chile, April 19 /PRNewswire/ --

With the publication of its bidding terms and the launch of a web page especially dedicated to this process, Chilectra, jointly with Electrica de Puente Alto Ltda., Empresa Electrica Municipal de Til Til, Empresa Electrica de Colina Ltda., and Luz Andes Ltda., have initiated the power supply tender process for the years 2009 through 2020.

"Our companies concentrate the largest consumption in the Metropolitan Area, where 40% of the population and 45% of the power consumption of all the distributors in the country is located. In this context, we trust that this tender will significantly contribute to enabling the incorporation of new generation capacity to the Sistema Interconectado Central (Chile's central grid)," said Guillermo Perez del Rio, Chilectra's Manager of Regulatory Matters and Energy Management.

The tender involves over 40,000 GWh of energy, equivalent to a transaction valued in excess of US$2.3 billion (at current grid-connection prices).

The executive added, "The power supply requirements of Til Til, Colina and Luz Andes are incorporated in the energy and power tendered by Chilectra, so successful bidders will enter into power supply contracts with Chilectra and Electrica de Puente Alto."

Candidates may submit offers for energy and power based on base and variable supply products, which are awarded separately. They may also submit offers for supplying one, several or all the products, partially or wholly.

The Sole Bidding Point is Polpaico at 220 kV, and, therefore, all prices offered shall refer to said point. The Purchase Points, where the power will be supplied, correspond to the substations of Alto Jahuel, Cerro Navia, Quillota and Polpaico, all at 220 kV.

The bidding terms may be purchased by any Chilean or foreign legal entity, individually or through a consortium or association. The price of the bidding terms is US$5,000.

Interested parties should have a credit rating no lower than B for the past 12 months, or meet the tender specifications.

The bidding terms may be purchased through the http://www.licitacion.cl web site, as well as from the Chilectra offices, located at Santa Rosa 76, piso 8, Santiago, between the hours of 9 AM and 3 PM.

Web Site: http://www.licitacion.cl

Marcelo Castillo S., Chilectra , +56-2-675-2746, or mjcs@chilectra.cl

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