Search and Filter Through Our Comprehensive Database of Ongoing EPTD Projects and Tenders in Suriname
Identify and track all the ongoing (work-in-progress) electric power transmission & distribution (T&D) infrastructure projects (upcoming, ongoing/under-construction, completed), tenders, and contract awards. Our extensive database and user-friendly interface make it easy for you to find the right business opportunity in Suriname.
Suriname Electric Power Transmission & Distribution (T&D) Infrastructure Industry Analysis
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Current Scenario:
The Electric Power Transmission & Distribution Infrastructure industry in Suriname is in a developing phase. The country is heavily dependent on imported electricity from neighboring countries, which is supplied through interconnections. Suriname's domestic electricity generation capacity is limited, with the majority of its power supply coming from thermal sources. The government has been actively promoting the development of renewable energy sources to reduce the country's reliance on fossil fuels.
Construction of New Projects:
The government of Suriname has identified the development of the energy sector as a priority and has planned several new projects to increase the country's electricity generation capacity. The government is planning to build a hydroelectric power plant with a capacity of 200 megawatts (MW) in the Saramacca district. Additionally, there are plans to build a 50 MW solar power plant in the district of Wanica.
Major Drivers:
The major drivers of the Electric Power Transmission & Distribution Infrastructure industry in Suriname are the country's increasing demand for electricity, the need to reduce dependence on imported electricity, and the government's commitment to the development of renewable energy sources. Suriname's economy is growing, which is driving up the demand for electricity. To meet this demand, the government is focusing on increasing domestic electricity generation capacity.
Industry Outlook:
The outlook for the Electric Power Transmission & Distribution Infrastructure industry in Suriname is positive. The government's commitment to the development of renewable energy sources and the planned construction of new projects will create opportunities for companies in the industry. The growth in the economy and increasing demand for electricity will drive investment in the industry. Additionally, there is potential for Suriname to become a net exporter of electricity to neighboring countries in the future.
In conclusion, the Electric Power Transmission & Distribution Infrastructure industry in Suriname is in a developing phase, with the government's focus on renewable energy and the planned construction of new projects creating opportunities for companies in the industry. The increasing demand for electricity driven by the growth in the economy will continue to drive investment in the industry, and there is potential for Suriname to become a net exporter of electricity in the future.
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