After evaluating the proposals received and discussing them among their partners, representatives of the Consorcio Empresarial de Norte informed the Development Finance Corporation (COFIDE) about their decision to purchase buses from King Long manufacturer, whose representative in Peru is Petroleum Gas Company (PEGACO).
The first batch to be acquired has the capacity to transport 30 people seated and 30 stand-up and has five tanks made of fiber material with 120 L capacity each. The YC4G 180N-40V CNG model features a 4-cylinder in-line engine, intercooler, electronically controlled direct injection, water cooling, turbocharged, Euro IV emission standard, six-speed, reverse and short gear stick.
The operation involves the renewal of 50% of the total fleet of the four companies that form Consorcio del Norte, which are Nuevo California, Huanchaco, Esperanza Express and El Cortijo. Around USD 20 million will be invested and the initiative has the backing of COFIDE and the Provincial Municipality of Trujillo, who signed a framework agreement to locally develop Cofigas Buses program, which is successfully being carried out in Lima.
“The buses are expected to arrive in July and the next step in the financing process will be the proposal presentations regarding the interest rate. Caja Trujillo or Interbank could be the financial entities, depending on the lowest rate proposed to Consorcio del Norte,” said Víctor Hugo del Carpio Sedano, Transport Manager of the Provincial Municipality of Trujillo.
It is noteworthy that there are now over 800 King Long buses operating throughout Peru, of which 154 CNG powered units are serving the Metropolitano BRT corridor in Lima.
Source: Provincial Municipality of Trujillo.