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WORLD BANK(WB) has floated a tender for Evolution and Challenges of Electricity Service Provision in Colombia: a 30-Year Analysis. The project location is Colombia and the tender is closing on 13 May 2025. The tender notice number is 0002015257, while the TOT Ref Number is 118702280. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.
Procurement Summary
Country: Colombia
Summary: Evolution and Challenges of Electricity Service Provision in Colombia: a 30-Year Analysis
Deadline: 13 May 2025
Other Information
Notice Type: Tender
TOT Ref.No.: 118702280
Document Ref. No.: 0002015257
Financier: World Bank (WB)
Purchaser Ownership: Public
Tender Value: Refer Document
Purchaser's Detail
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Login to see detailsTender Details
Colombia's electricity market, restructured in 1994 through Laws 142 and 143, transitioned from astate-controlled model to a competitive framework with unbundled activities, CREG regulation, andthe creation of the Wholesale Energy Market (MEM). While this model has been recognized forensuring supply reliability and attracting investment, it now faces significant challenges in the energytransition context. Integrating non-conventional renewable energy sources (FNCER), incorporatingtechnologies like storage and smart grids, and addressing tariff equity require substantial regulatorychanges to ensure the system-s flexibility, resilience, and sustainability. These challenges are notunique to Colombia; globally, electricity markets have progressively modernized to navigate theenergy transition, adapting regulatory and operational frameworks to meet the demands ofdecarbonization and digitalization.The National Development Plan 2022-2026 (PND), "Colombia: A World Power for Life, " identifies theenergy transition as a cornerstone for achieving sustainable and inclusive growth. The planemphasizes the integration of renewable energy sources, developing resilient and equitable energysystems, and promoting innovative solutions such as energy storage and demand-side management.It underscores the importance of modernizing the electricity sector to support Colombia'sdecarbonization goals, enhance energy security, and promote regional equity in energy access, whichaligns with the global shift towards cleaner and smarter energy systems.In July 2025, Colombia will celebrate 30 years since the implementation of its electricity market. TheGovernment of Colombia (GoC) is advancing several initiatives to modernize the electricity sector andensure it contributes to the High-Level Outcomes (HLOs) established in the National DevelopmentPlan. The HLOs aim to support the country's development priorities in three key areas: (i) promotingequitable territorial development and social inclusion, (i...
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