YPF Light and Central Port signed a strategic agreement to jointly advance the study and development of an interconnection project to supply clean and efficient electrical energy in the Puna, in particular, to areas with salt flats where lithium is produced.
“This joint effort would imply an investment of between US$250 and US$400 milliondepending on the final scope of the work,” they stressed.
As far as he could know Energy Reportthe development under evaluation contemplates the construction of an electrical line of approximately 140 kilometerswhich could potentially be expanded to 350 km long.
“The line will allow the optimization of resources and capacities to offer efficient and sustainable energy solutions”they indicated from YPF Luz and Central Puerto.
The companies stressed that this agreement marks an “important milestone, where for the first time two large electricity generation companies will jointly evaluate the technical and regulatory aspects necessary to carry out the completion of a large-scale electrical infrastructure work to provide a solution of integral electrical energy supply with special focus on the development of the mining industry”.
As revealed by the companies in a joint press release, the project will allow the demands of the mining sector and local communities in the areas of the Argentine Interconnection System to be connected to the Argentine Interconnection System. Large Pasture Salt Flats and of Dead Man’s Salt Flat, located in Salta and Catamarca. In addition, it contemplates a possible extension up to Carachi Pampa Salt Flatsalso in Catamarca.
After the signing of the agreement, its top managers also spoke. “As we expressed at the beginning of the month when we announced the signing of the collaboration agreement with the International Finance Corporation (IFC), a member of the World Bank Group, “We are convinced that the development of mining in northwest Argentina is fundamental and strategic for the economic growth of our country, even more so within an international context that is increasingly demanding critical minerals, essential for the energy transition,” he said. Fernando BonnetCEO of Central Port.
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And he added that along with YPF Light “This statement gains even more strength and reaffirms the conviction that this project responds to the need of mining companies to improve their competitiveness through reliable, efficient and sustainable energy solutions”.
Martin MandaranoCEO of YPF Lightrecalled Argentina has a “historic opportunity to position itself as a world leader in the provision of copper and lithium and assured that the company “is committed to offering comprehensive energy solutions that facilitate this objective.”
Martín Mandarano CEO YPF Luz
Mariano Fuchila
“This strategic agreement with Central Port not only underlines our ability to develop large-scale energy infrastructure, but also our vision of working collaboratively with different players in the sector. Together, we will promote the infrastructure that mining projects need, with significant benefits for the country, the provinces and local communities,” Mandarano highlighted.
Source: Ambito
