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Plans for New US$1.7 Billion Power Transmission Line in Mexico
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More Energy & Natural Resources Aricles → Haynes and Boone, LLP PressOn February 13, 2018, Mexico’s Federal Electricity Commission (“CFE”) announced the bidding process for its Ixtepec Potencia – Yautepec Potencia Transmission Line in Oaxaca (“Project”). The transmission lines will cross the following states: State of Mexico, Morelos, Puebla, Oaxaca, Mexico City and Veracruz. The estimated investment is US$1.7 billion and it will have a transmission capacity of 3,000 MW at a voltage level of 500 kV. The Project will be awarded under the BOT model (Build, Operate and Transfer), in which a private contractor will (a) develop, manage, build, perform the corresponding tests and achieve commercial operation of the transmission system, (b) operate and maintain the AC transmission system, (c) transfer all the rights, licenses, permits, authorizations and property of the reinforcement work to CFE on the Commercial Operation Date (“COD”) and (d) transfer all the rights, licenses, permits, authorizations and property of the DC transmission system to the CFE on the COD. The Project will include two 500 kV converter stations, seven 40 kV substations, five 400 kV-AC transmission lines with a length of 437.3 km, and one 500 kV-DC transmission line with a length of 1,221 km. The main characteristics of the bidding process and the model contract are as follows:
The calendar for the bidding process is as follows:
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