12/18/07

German Siemens To Participate in Construction of Kallpa TPP in Peru

Siemens Power Generation, the power plant equipment arm of German electronics and engineering group Siemens AG, will participate in the second and third phases of the construction of Peru's thermoelectric power plant (TPP) Kallpa, Peruvian daily Andina said on December 17, 2007.

The TPP will be located in the district Chilca, south of the capital Lima. The second phase is expected to be completed in 2009, while the third one would be finished in 2010.

The first phase of the construction of the TPP was completed on July 24, 2007 after an investment of $80 mln (54.71 mln euro).

After completion of the three phases of the construction the Kallpa TPP will add 568 MW to the country's production capacity.

Investments during the second phase are expected at $90 mln (61.55 mln euro). The resources, to be allocated during the third and final phase, were not quoted.

Publication: Business Digest
Provider: AII Data Processing Ltd.
Date: December 18, 2007

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