The interconnection of electricity substations in Costa Rica and Nicaragua marks the first step for a long-term cooperation between the two Central American nations.
According to La Nacion newspaper, the electricity substations at Ticuantepe, Nicaragua, and Cañas, Costa Rica, reached connectivity for three hours, the longest time the substations have been connected.
The report went on to say the interconnection is part of the Central American Electric Interconnection System, or SIEPAC.
The move is part of the latest efforts to establish a regional energy market that could move up to 300 MW from Guatemala to Panama. It is also expected to cut the cost of energy by 20 per cent.
The project has a n approximate cost of $494m, the newspaper said.
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