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Friday, October 25, 2024

Tender – Drilling of 4 geothermal exploration wells, Mexico



View of Cerro Prieto from Michoacan de Ocampo, Baja California, Mexico (supply: Verdelunar, CC BY-SA 4.0, through Wikimedia Commons)

The Authorities of Mexico has introduced a public tender for the drilling of geothermal exploration wells in Cerro Prieto and Las Tres Vírgenes.

The Authorities of Mexico by the Nationwide Institute of Electrical energy and Clear Vitality (INEEL) has launched a world public tender (LE-18-T0K-018T0K001-I-125-2024) for drilling companies for the drilling of 4 geothermal exploration effectively in two websites in Mexico. Extra particularly, three wells are deliberate in Cerro Prieto in Baja California, and one effectively in Las Tres Vírgenes in Baja California Sur.

The deadline for submission of bids shall be on the ninth of December 2024.

Directions on easy methods to purchase the bid paperwork can be found on the official submit of the publication of the Authorities of Mexico.

An quantity of $51 million shall be mobilized by a contingent donation by the Clear Expertise Enjoyable (CTF) which shall be activated if the exploration drilling isn’t profitable. Furthermore, the venture is supported by the Geothermal Threat Switch and Financing Program (PFRTG), in addition to the Inter-American Growth Financial institution (IADB), the Ministry of Vitality, and the Nationwide Monetary Scenario, aiming to mitigate exploratory dangers.

Though Mexico has remained one of many world leaders in put in geothermal energy technology capability, its progress has been minimal for the higher a part of the final decade. The business stays optimistic underneath the rule of newly elected President Claudia Sheinbaum, who has set a goal for Mexico to achieve 45% of the nation’s electrical energy to return from renewable sources.

Supply: El Financiero and Diario Oficial de la Federacion



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