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Argentinian province of Neuquén tender for geothermal work

Landscape in Neuquén province, Argentina (source: flickr/ fainmen, creative commons)
Alexander Richter 26 Jul 2010

The Argentinian province of Neuquén has launched a public tender for developing proposals for the award of an exploration contract to discover and produce steam for electricity generation.

The Province of Neuquén through the Investment Promotion and Development Agency has launched a public call for tenders of investors in developing proposals for the award of an exploration contract to discover and produce endogenous steam in the areas of “MARIA VICTORIA” and “MAITENA” mines in Domuyo, both of which are property of the Agency.

Neuquén is well endowed with a wealth of renewable natural resources suitable for the generation of electrical power. These include hydro-electrical, wind, solar and geothermal energy.

As regards Geothermal Energy, the Province of Neuquén has begun exploration in the areas surrounding the Copahué Volcano and the Domuyo region.

The Investment Promotion and Development Agency of Neuquén, Provincial State Company (Agencia de Promoción y Desarrollo de Inversiones del Neuquén Sociedad del Estado Provincial – ADI-NQN S.E.P) invites investors interested in developing proposals for the award of an exploration contract to discover and produce endogenous steam in the areas of the “MARÍA VICTORIA” and “MAITENA” Mines, both of which are the property of the Agency.

The successful bidder awarded the exploration contract will have the right to exercise, under the terms and conditions established in the current terms of reference, the option to exploit the minerals discovered for a period of up to twenty five (25) years and will sign an exploitation contract with the Agency to build and operate one or more geothermal plants to generate and subsequently commercialize electrical power on the Argentine wholesale electricity market.

The sale of the terms and conditions of the bid are on sale from July 12th until September 14th. Proposals shall be presented before September 27th, 10:00am.”

Tender documents available via link below. (in Spanish)

Convocatoria pública a inversores naci0nal e internacional. Proyecto Geotérmica Domuyo