Peruvian utility Empresa de Generacion Electrica de Arequipa SA (Egasa) was granted a temporary concession to build a $337 mln (246.7 mln euro) hydroelectric power plant (HPP) in southern Arequipa region, the Energy and Mining Minister, Juan Valdivia, said on August 30, 2007.
The 310 MW Molloco plant will be located on the Colca river in the province of Caylloma. It would reportedly be the largest electricity generator in Arequipa.
The minister spoke at the launch of a dam construction in Caylloma. The Chalhuanca dam will be built by Egasa and is estimated at nearly 3.583 mln Peruvian soles ($1.1 mln/829,000 euro). It is expected to increase by 10 pct the power generating capacity of the region.
Publication: Business Digest
Provider: AII Data Processing Ltd.
Date: August 31, 2007
8/31/07
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