When Hidroituango’s eight units are generating 2,400 megawatts of energy, it could reduce its value on the stock market by $100.
EPM at Adesco (Cartagena).
EPM was present at the Andesco congress in Cartagena, where it presented the four challenges for this four-year period, which will improve the quality of the public services they provide and advance new solutions.
Among the aspects is that The generation of energy in full by Hidroituango would mean a reduction of 100 pesos of this service in the stock market.
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The start-up of its first four units, which generate 1,200 megawatts of energy, also reduces the vulnerabilities of the country’s energy system, according to Margarita Salazar, vice president in charge of Business Management at EPM.
Also, during the congress, the vice president of EPM Projects, Adriana Pulgarín, reported that When the eight turbines are producing a total of 2,400 megawatts of energy, there would be a reduction of 100 pesos in the price of energy on the stock market.for the first five years of operation.
This, in addition to this, would generate contributions of around 131 billion pesos for the eight corporations and 55 municipalities of the Cauca River basin.
The mayor of Medellín, Federico Gutiérrez, also referred to this issue, stating: ”The fair thing is that a rate reduction is always achieved and for that we have to seek the convergence of the system, what do you need in a power system? Let there be firm energy. That is why Hidroituango is so important for the country, and there are some areas that are more complex than others, for example the Coast…I wish lower rates would also be achieved for those sectors.”
That is why the leader of the capital of Antioquia stressed that The important thing is that the Hidroituango works are completedthat there is a reliable energy system and that future service is guaranteed.
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Along those lines, he described it as the “only large-scale firm energy project left in the country”and pointed out that, according to him, they have stopped this type of projects in Colombia, which he relates to a possible increase in rates.
