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Odebrecht to build US$1.0B coal-fired plants in Dominican Republic

Santo Domingo.- The Brazilian construction company Odebrecht  won the call for tenders by the Dominican Republic’s  State-owned Electric Utility (CDEEE) to build two coal-fired plants of 300-megawatt each.

The Sterling Consulting firm made the announcement Friday, noting that only Odebrecht reached the required score of 48.95 points, while Posco Engineering came in second with 35.70 points; China’s Gezhouba posted the third highest at 34.35 and Seboard III rounded out the competition with 29.95.

In a press conference, Sterling called Odebrecht‘s proposal the most comprehensive and compatible among the four bidders.

The CEO of the CDEEE, Ruben Jimenez Bichara, said the next step will be Odebrecht financing proposal to build the plants at Azua province (south), with some sectors estimating their cost at around US$1.0 billion.

He said the call for tenders launched in May forms part of the government’s committed to obtain stable energy at a low-cost.

Regarding the questioning by several sectors in the call for tenders, Jimenez Bichara said that the process cannot be halted by “disgruntled losers,” and warned he’ll “respond with lawyers if necessary.”

Source: DT

Category: DR News |

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Last updated December 2, 2016 at 1:59 PM
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