During his address as keynote speaker at the American Chamber of Commerce monthly luncheon, Energy and Mines Minister Joel Santos Echavarría presented a strategic overview of the country’s energy, mining, and hydrocarbon sectors, highlighting these as drivers of sustainable development.
Among his key points, he said that electrical transmission infrastructure will be upgraded with US$450 million in planned investments. He also mentioned that the government is investing US$200 million annually in distribution networks that seek to reduce energy losses, improve service quality, and universalize electricity access. An estimated 64,000 households are currently connected to the power grid.
He spoke proudly of the country’s expanding and diversifying energy matrix. He said by 2028, there will be a 54% increase in installed thermal capacity supplying the National Interconnected Electrical System (SENI). Over 2,100 MW of new thermal power plants are under development for 2025-2028...
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