Two state-owned companies, CELEC and CNEL, will manage this project. They will use the money to work on 194 different projects in several areas, including El Oro, Esmeraldas, Guayas, Manabi, and Santa Elena.

Here’s what they will do:

Ecuador will make the power stations stronger so they can handle more electricity, about 392 megawatts. They will also build 411 kilometers (about 255 miles) of power lines. And the govt will make sure there’s enough electricity for the shrimp farms, which need about 324 megawatts.

The main goal is to improve how things work, make them more modern, and give more people access to electricity in places near shrimp farms of Ecuador. In fact, this project will help 5,025 homes that don’t have electricity right now, and it will make things better for 1,379 homes that already have power.

Shrimp farming is super important for Ecuador’s economy, so the government wants to make it better. By using electricity instead of diesel, the shrimp farmers can do their jobs better and even sell more shrimp to other countries. This is because they can get a special green certification for being more eco-friendly.

This plan is a big step for Ecuador. It helps the environment, the shrimp farmers, and the people who live near the farms. Plus, it makes shrimp of Ecuador more attractive to buyers around the world.

It’s noteworthy to mention, Ecuador has become the world largest shrimp exporter by surpassing respectively India, Vietnam, Indonesia and china. Their shrimp export market is dominated by P. Vannamei.

The post Ecuador to Invest US $282 million in electricity for sustainable shrimp farming appeared first on Seafood Network BD.