Montevideo__ With a total investment of 56 million dollars contributed by the The Inter-American Development Bank (IDB), Uruguay will build a 213-km electric transmission line that will link two departments of the country, Prensa Latina reports.

The project, which will be carried out through the Inter-American Investment Corporation (IIC), represents the first public-private partnership for transmission assets in the South American nation and will link the provinces of Cerro Largo and Tacuarembó in the northeast and center of the Country, respectively.

Once the 500-kilowatt line is completed, it will be kept under a lease by the state-owned company of the National Administration of Power Plants and Transmission (UTE).

The presidential communication secretariat indicated that the Italian company Terna SpA will design, build and supply the project to the Uruguayan UTE, which will use and maintain the line under an operating lease.

It said the proposal seeks to strengthen the reliability of the national electricity system by accommodating the country's recent massive shift to non-conventional renewable energy.

The purpose will be to expand the electricity generation from renewable sources and will represent, in turn, about five percent of the total transmission network.

The financing is made up of US $ 38.1 million contributed by the IDB and the IIC, in addition to a US $ 17.9 million loan from the China Cofinancing Fund for Latin America and the Caribbean.

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