In accordance with the 2015-2050 National Energy Plan and as established in the Good Governance pillar, the Electric Transmission Company, S.A. (ETESA) has transparently planned for the future and carried out the implementation of more than 18 projects and programs through the different directions of the company, for the benefit of the entire population at the national level, stressed Carlos Manuel Mosquera Castillo, general manager of ETESA.
Mosquera added that a fundamental pillar of its management is the operation of the National Transmission Network, in which nearly $ 94 million has been invested, distributed among maintenance, infrastructure and equipment.
“We have invested $ 14 million in preventive maintenance with the goal of offering a reliable service. In addition, we earmarked 80 million dollars for new constructions, in order to supply part of the energy demand of the future efficiently and safely throughout the country, ”explained the head of ETESA.
Mosquera Castillo highlighted that the connection for a generation was facilitated to 15 solar energy projects, one for thermal energy and a distribution company. Similarly, internally, a management indicator system was implemented to measure the profitability and reliability of the network.
In addition, with an investment of two million dollars, a meteorological radar was installed in Tolé, Chiriquí province, to strengthen the company’s hydrometeorological area, which has allowed more accurate weather forecasts to be shared with citizens and other institutions, such as the National Civil Protection System (SINAPROC) and the Ministry of Agricultural Development (MIDA), to facilitate decision-making.
The ETESA spokesperson added that according to ISO 9001: 2015, the Quality Management System of the ETESA National Dispatch Center (CND) remains in force, which validates the efficiency in the operation of the National Interconnected System and the administration of the wholesale electricity market, among other things.
It has also invested in social projects in the Ngäbe-Buglé Comarca, such as the construction and rehabilitation of the Chichica health center, as well as the school, community house, health post, soccer field and access road in the community from Cerro Venado, among others.
Likewise, during this period, two of the main international credit and risk rating agencies, Fitch Ratings and Moody’s Investors Service, reaffirmed ETESA’s International Investment Degree, positioning it as one of the state companies with the greatest strength and financial support in the country.
Regarding the next steps in the roadmap, Mosquera Castillo indicated that the commitment to the country is to continue working on projects that guarantee attention to energy demand, as foreseen in the Expansion Plan of the National Interconnected System 2019 (PESIN) of ETESA, which includes some 20 projects, among which the Panama III-Sabanitas Line and associated Substations stands out, which will expand the power transmission capacity to a total of two thousand megawatts from the province of Colón.
“Today we are facing new normality that requires the commitment of everyone. For this reason, at ETESA we are complying with health and hygiene protocols to preserve the safety of our collaborators and our operations. We are prepared to continue serving Panama, 24 hours a day, seven days a week, with transparency and applying good Corporate Governance practices, “concluded the general manager of ETESA.
Credits to www.etesa.com.pa newsroom