The Ecuadorian Ministry of Energy and Non-Renewable Natural Resources has officially launched three public selection procedure for new power projects, including 500 MW of renewables, 400 MW of CCGT and three transmission subsystems in the north-east of the country, which require a cumulated investment of US$1.9bn. More precisely, a first block for 500 MW of renewable projects (i.e., solar PV, onshore wind, run-of-river hydropower plants up to 50 MW, and biomass) will require an investment of US$875m. The second block for 400 MW of CCGT power capacity in the area of Guayaquil will require U$600m in investments. Finally, the third block for 290 km of 230 kV, 138 kV and 69 kV lines in the Northeast Transmission System (Shushufindi – Tarapoa; Tarapoa – Cuyabeno; Shushufindi (CELEC) - Shushufindi (PAM); Shushufindi - Eden Yuturi (EPF) - Tiputini (CPT); and Loreto - Oso) will require US$386m in investments. The process will end in December 2022, with the award recommendation, and the projects should enter commercial operations between 2024 (renewables and transmission lines) and 2026 (CCGT project).
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