Central Puerto and YPF Luz Sign a Strategic Agreement to Develop an Electric Power Transmission Line Project and Boost the Growth of Mining in the Northern Argentina Region

Core Insights - Central Puerto and YPF Luz have signed a strategic agreement to develop a high-voltage interconnection project aimed at supplying clean and efficient electricity to mining projects in the Puna region of Argentina [1][2]. Project Overview - This agreement represents a significant milestone as it is the first collaboration between two major electricity generation companies to evaluate the technical and regulatory aspects necessary for a large-scale electrical infrastructure project [2]. - The project will connect the mining sector and local communities in the Pastos Grandes and Hombre Muerto salt flats to the Argentine Interconnection System, with potential expansion to the Carachi Pampa salt flat [3]. - The estimated investment for the project ranges from $250 million to$400 million, depending on the final scope, and involves the construction of approximately 140 km of electric power transmission line, with the possibility of extending it up to 350 km [3]. Strategic Importance - The development of mining in northwestern Argentina is viewed as crucial for the country's economic growth, particularly in the context of increasing global demand for critical minerals essential for energy transition [4]. - The collaboration between Central Puerto and YPF Luz aims to enhance the competitiveness of mining companies by providing reliable, efficient, and sustainable energy solutions [4]. - YPF Luz emphasizes Argentina's opportunity to become a world leader in copper and lithium supply, highlighting the importance of comprehensive energy solutions to facilitate this goal [5].