Santo Domingo.- Dominican Republic’s biggest power company on Thursday announced it selected the Spanish company Técnicas Reunidas (TR) to head the engineering, construction and operations to convert the plants of the company Dominican Power Partners (DPP) to combined cycle from natural gas, aimed at boosting its current 210 megawatts, to 324 MW of energy to the national grid.
In a statement president AES Dominicana, Edwin De los Santos said the combined cycle project will be carried out at a cost of US$260 million, without the need of State guarantee.
Speaking during the signing of the contract with TR representatives César Suárez and Gonzalo Pardo, De los Santos called the conversion a step forward and which forms part of the priority to change the country’s energy base to more efficient and competitive fuels such as natural gas.
The executive said TR’s selection was the result of a call for tenders whose key points required international experience in similar projects as well as technical and financial capacity. “TR has wide construction expertise in the power generation sector, having taken part in combined cycle projects totaling more than 40 GW.”
Spanish Ambassador of Jaime Lacadena Higuera, State-owned Electric Utility (CDEEE) CEO Rubén Jiménez Bichara, Reformed Companies Equity Fund (FONPER) CEO Fernando Rosa and Dominican Republic Export and Investment Center (CEI-RD) director Jean Alain Rodriguez were also present during the signing.