TERMOINDUENERGY-NENCOL 5, 2,240 WM is the ONLY “BID READY VIABLE LNG TO POWER PROJECT“ in Colombia and this unique condition has already been secured with the elements for the participation. 1. Registration of the TERMOINDUENERGY- NENCOL-5 Project in Phase 2, (Obligatory Requirement to participate in the 20-YEARS LONG TERM ENERGY AUCTION. 2. Secured Project Site 3. Environmental Diagnosis Approval for the Environmental License, 4. Land Zoning for the Construction and Operations of Power Plant at the Project Site 4. EPC RFP with qualified companies . 4. O&M RFP with qualified companies 6. Preliminary Discussions with FSRU Supplier, 6. Preliminary discussions with LNG Fuel Supplier
TERMOBONDA-NENCOL 2, 94 MW ; TERMOCOSTA-NENCOL 3, 84 MW and TERMOGAIRA-NENCOL 4, 94 MW, are the the among the few if not the ONLY “BID READY VIABLE NORTHERN COAST POWER PROJECTS“ in Colombia that can received fuel from international sources allowing for competitive power generation during the Scarcity Events. This unique condition has already been secured with the elements for the participation. 1. Registration of all the Projects with UPME Under Phase 2, (Obligatory Requirement to participate in the 20-YEARS LONG TERM ENERGY AUCTION. 2. Secured Project Site 3. Fully Granted Environmental Licenses, 4. Land Zoning for the Construction and Operations of Power Plant at the Project Site 4. EPC RFP with qualified companies . 4. O&M RFP with qualified companies 6. Preliminary Discussions with Fuel Supplier
In April 2025, the Colombian Government issued resolution 701 085 2025 for the fifth 20 Year Firm Long Term Energy auction to be hel on the 3 Q of 2025.
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