SEGBA POWER III

closed

The main features are to build a 120 km long transmission ring around Buenos Aires, connect the transmission lines from El Chocon and Atucha, and further extend and strengthen the distribution network in Greater Buenos Aires. Investment in generating capacity will be relatively small. The project thus marks SEGBA's transformation from a utility supplying primarily self-generated electricity to a distributor of large amounts of energy generated by others outside the metropolitan area. The proposed loan would cover (a) the cost of certain equipment and material purchased abroad and 60 percent of the cost of certain equipment and materials purchased in Argentine, (b) the estimated foreign exchange content of the cost of civil works and equipment erection, (c) the foreign cost of consulting services, (d) interest during construction and (e) contingencies.