The province of Chiriqui, in the west of Panama, is to welcome two run-of-river hydroelectric power stations - Pando and Monte Lirio - with a combined capacity of 85 MW and an annual generating output of 430 GWh, according to Mexican news agency Notimex.
Recently, the company Electron Investment SA (EISA), a Spanish-Panamanian hydro developer in charge of both projects, received the drilling machines from the Italian company SELI, which will be used to bore the headrace tunnels for both projects.
SELI was awarded the EPC contracts for the two tunnels, and will be responsible for the complete tunneling cycle, from design to final work handover.
The total project cost is estimated to be more than $290 million.
Panama and other Central America countries are also developing a project whereby their electricity networks will be interconnected, both transmitting and receiving power with each other.
According to the Diario Colatino newspaper, 93 percent of the construction of the first power link is finished. The line, which will unite Guatemala and Panama, will have a length of 1,800 kilometers.
There are also plans to extend the line to Mexico, on the northwest side, and Colombia to the southeast.
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