Panama's new boost of energy

Feb 23, 2015

PANAMA CITY, PANAMA - Hydroelectric Bonyic is part of the EPM Group, Empresas Públicas de Medellin, and is the first international hydropower generation project of the EPM Group that has been built abroad. The first of three turbines at Bonyic hydroelectric station has started generating electricity to the electrical system of Panama, with an overall investment of $314 million, for a total of 32MW. Bonyic is located in the Changuinola district, in the province of Bocas del Toro, near the border with Costa Rica. The first hydropower turbine started generating energy last January, the second turbine at the end of February and the third, and last turbine, will operate in the last week of March. Because it is hydraulic energy and not thermal energy, it will help to decrease the value of tariffs in Panama and contribute to the quality of life.

While working on this project EPM Group worked together with the indigenous communities in the area. Resources for road infrastructure, computer centers, classrooms and school canteens have been built; college scholarships were awarded; health posts have been allocated for seven communities, and they agreed on archaeological heritage management. Additionally, 1,400 jobs have been created.

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