Argentina's Federal Electricity Board has chosen Abengoa, a firm providing technological solutions for sustainability in the energy sector, for the development of a new power transmission project, worth $147m.
The project is intended to supply part of the electricity in an efficient and sustainable manner.
The company will handle the engineering, construction and commissioning of 176km of power transmission lines.
In addition to this, it will build the new Vivoratá transformer station, extend the Bahía Blanca station and improve other existing facilities.
The works are scheduled to be finished within 33 months, during which around 250 direct jobs are expected to be created.
The project will link the cities of Mar del Plata, Villa Gesell and Balcarce in the province of Buenos Aires.
It is a part of the Federal Power Transport Plan (CAF), which is promoted by the Federal Electricity Board in order to connect the country's major cities.
As part of this plan, Abengoa is presently developing two more projects - one, a 130km line between the towns of Aristóbulo del Valle and San Vicente in the province of Misiones, and the other, a 65km line between the Río Coronda and Rosario Oeste substations in Santa Fe.
In the last decade, the company has been awarded more than 25,000km of power transmission lines.
The company has had a presence in the country for the last 45 years.