The project consists of three (3) x 19 MW gas fired power plants generating power at 13.8kV and delivering power to the Regional Grid at 115kV. Each power plant is made up of 2 x Wartsila 20V34SG engine-generator sets rated at 9.3 MWe and 1 x GE Jenbacher JGC rated at 1.0 MWe. The project also includes the EPC of an 18 kilometer HV transmission line and a 2.0 km 6-inch gas pipeline.
The project reached COD in 1Q 2018 and has been running base load since then. Mechero exited this investment in 3Q 2021.
CONTRACTUAL SCHEMES
EPC (Engineering, Procurement & Construction Agreements)
Contracts EPC (acronym of Engineering, Procurement and Construction), in Spanish “Engineering, Purchasing and Construction” is also known as “Turnkey” contract the contractor is obliged to the client or contracting, in exchange for a generally fixed price, to design, buy and build a specific facility that he has previously designed.
BOMT (Build, Operate, Maintain & Transfer)
Contracts BOMT (acronym for Build, Operate, Maintain and Transfer) in Spanish “Build, Operate, Maintain and Transfer”. The counterparts are the engineering, construction and end-user companies. It is a figure of financing a project until its productive stage.
PPA (Power Purchase Agreements)
Contracts PPA (acronym of Power Purchase Agreement) in Spanish “power sale contract” The counterparts are the producers (generators) and marketers or end users. The producer guarantees his income to finance his projects and the others obtain long-term energy supply.
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