Paraguay - Preparing to dispose of 100% of the energy that corresponds to Itaipu

The first bank of power transformers in the 500 kV Yguazú Substation of the National Electricity Administration (Ande) was inaugurated by the President of the Republic, Mario Abdo Benítez. According to reports, this project would enable the country to utilize 100% of the energy assigned to Itaipu Binacional. Marito emphasized that this would ultimately lead to benefits for the population, including industrial growth, job creation, and improved quality of life for the people.

During the act, the president of Ande, Ing. Félix Sosa, mentioned that this substation will make it possible to fulfill one of the strategic objectives of the National Government, which is to prepare the necessary electrical infrastructure so that Paraguay has 100 percent of the energy that corresponds to it from the Itaipu Binational Entity.

“We must remember that in December 2019 the adaptation of the 500 kV bar in Yacyretá had been made and today we can already withdraw 100 percent of the energy generated in said hydroelectric plant, now we are on the way to energy sovereignty in Itaipu ”, said Sosa, who added that what was done yesterday is a milestone in the process of execution of the work, with a view to strengthening the Paraguayan electrical system. “Today, what is coming into operation is a bank of transformers that is already installed,” he stressed.

He specified that the total investment of the project (substation and double triplet 500 kV line) is approximately US$ 103 million, financed through funds from the Latin American Development Bank (CAF) loan and a component of own funds from the Andes. He recalled that in 2008 the investment in the system barely reached US$50 million, when, according to him, the state company was going through its worst moment and therefore, the quality of the service fell completely.

Source: Breakinglatest.news