MERNNR Extends Offers For El Aromo And Villonaco

Immediate Frontier

(Energy Analytics Institute, 10.Jul.2020) — René Ortiz, the head of Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MERNNR) extended terms for the delivery of technical and economic offers — within the public selection processes for the concession for the El Aromo photovoltaic projects (200 megawatts) located in the province of Manabí, and the Villonaco II and III wind project (110 megawatts) — which will be developed in the province of Loja.

Ecuador’s Secretary of State reported the new deadlines for interested companies to submit envelopes for both technical and economic offers would be extended until 9 September 2020, adding that results wouldn’t be known until the end of October.

The decision to delay the process was taken considering the current health crisis caused by the Covid-19 pandemic, which affects the normal development of activities worldwide, MERNNR announced 10 July in an official statement.

On 28 August 2019, the MERNNR began the public selection process for the concessions for the El Aromo and Villonaco II and III projects, which would last for 20 and 25 years, respectively, with a combined private investment of approximately $400 million.

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By Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.

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