Peru: V de V Asociados picks up 150MW hydro concession

Peruvian energy and mines ministry has awarded V de V Asociados a temporary concession for the 150MW El Chorro hydro project. The company, which submitted the request for the temporary concession in December, has two years to carry out project studies. Studies will be carried out in the Macate, Yupán, La Pampa, Huallanca and Yuracmarca districts of Corongo, Huaylas and Santa provinces in Ancash department.

The ministrys general power department will cash in the project deposit if V de V Asociados fails to carry out the work within the two-year timeframe. Of the 2.5TWh generated in December in Peru, 65.9% of power came from hydro, followed by natural gas (29.4%), coal (2.8%) and diesel (1.8%).

Publication: Euclid Infotech - Utilities News
Provider: Euclid Infotech
Date: February 7, 2008

No comments: