Uruguay - Power sector memorandum

Report No. 1287-UR Uruguay Power Sector Memorandum December 21, 1976 Latin America and the Caribbean Regional Office FOR OFFICIAL USE ONLY RAPAT, Document of the World Bank This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization.  CURRENCY EQUIVALENTS Exchange Rates Effective August 6, 1976 Commercial Rate Buying US$1.00 - NUr$3.40 Selling US$1.00 - NUr$3.43 Financial Rate Buying US$1.00 - NUr$3.78 Selling US$1.00 - NUr$3.79 GLOSSARY OF ABBREVIATIONS ANCAP Administracion Nacional de Combustibles, Alcohol y Portland ANTEL Administracion Nacional de Telecomunicaciones COMIPAL Comision Mixta del Palmar CTM Comisi6n Tecnica Mixta del Salto Grande MIE Ministerio de Industria y Energ'a UTE Administracion Nacional de Usinas y .Transmisiones Electricas  FOR OFFICIAL USE ONLY TABLE OF CONTENTS Page No. MAP SUMMARY AND CONCLUSIONS ......................... i-v I. INTRODUCTION .................................... 1 II. ORGANIZATION OF THE ELECTRIC SECTOR .... ......... 2 Legislation ................................... 3 Sector Reorganization ......................... 4 Changes to Legislation ...................... 4 Organizational Changes ...................... 4 III. ELECTRIC POWER SYSTEM ........................... 6 Existing Facilities ........................... 6 Power Expansion Program ....................... 8 Salto Grande Hydroplant .... ................. 8 Trunk Transmission System .... ............... 10 Palmar Hydroplant ........................... 10 Interconnection between Argentina and Uruguay ......................... 11 Expansion of UTE's Transmission and Distribution System ...... ................. 11 IV. POWER MARKET ..................................... 12 V. TARIFFS AND FINANCIAL ISSUES ...... .............. 13 Tariffs ....................................... 13 Other Financial Issues ....... ................. 14 Debt Between Public Entities ..... ............. 15 Costs of the Reorganization ..... .............. 15 VI. MANPOWER ........................................ 16 VII. PROPOSED BANK STRATEGY ....... ................... 17 STATISTICAL APPENDIX This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization.   FOR OFFICIAL USE ONLY This report was prepared by R. Vaughan Sear (Power Consultant) who visited Uruguay during June 1976 in conjunction with an economic mission composed of the following members: Alfredo Gutierrez (Chief of Mission) Peter Griffith (Fiscal Economist, IMF) Jose Sidaoui (Research Assistant) Albert Stocker (Young Professional) Manuel Trucco (External Debt Analyst) Lee Ward (Fiscal Consultant, OAS) IThis document has a rmstrictd distribution and may be used by rcipienwl only in the performance of their official dutie. Its contents may not otherwise be disclosed without World Bank authorition.   50,, ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~I BR D- 12 419 URUGUAY POWER SYSTEM 2,h ~ ~ U Te1 AmnSenb UTOa , YROPLANTS UlhDER CONSTRUCTION 7/ , Tomas (iomenwo\' '^RTIGk