New CABEI-financed power transmission substation will benefit more than 142,000 Nicaraguans
The plant will contribute to the stability of the electric service by reducing energy losses and rationing in the capital city.
Managua, October 06, 2021.- In response to the growth in demand for electricity consumption and to strengthen the distribution system in the city of Managua, the Central electricity transmission substation, a project financed by the Central American Bank for Economic Integration (CABEI) in Nicaragua, will come into operation in the next few months.
The new substation will have a positive impact on the productivity of businesses, companies, universities, hospitals, and public places, benefiting 142,987 people who live and circulate in the downtown area of the capital.
"We are pleased with the entry into operation of the plant, which will guarantee an efficient, reliable and safe electricity supply. In Nicaragua, we are currently supporting six important programs aimed at increasing electricity coverage in remote areas and transforming the energy matrix with renewable resources, benefiting more than 4 million Nicaraguans," explained CABEI Executive President Dr. Dante Mossi.
It is worth mentioning that the plant has modern technological equipment, including a power transformer, three bays for connecting circuits and control and measurement boards, telemonitoring and remote data management, known in the international market as SCADA.
The project is being executed by Empresa Nacional de Transmisión Eléctrica (ENATREL), is 100% complete and is at the administrative closing stage. CABEI earmarked US$6.7 million for its execution, and 30 jobs were created during construction, and seven people will have permanent jobs as of the start of operations.