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Article: PERU: Joint venture construction start-up on planned $340,000,000 hydropower plant is tentatively scheduled to begin some time during the second quarter of the year 2002, CEMENTOS LIMA, CEMENTO ANDINA & ARPL TECNOLOGIA INDUSTRIAL [Peru] - Order #: 124301.(Brief Article)
- Article from:
- WWP-Business Opportunities in Latin America & the Caribbean
- Article date:
- December 1, 2001
CopyrightCOPYRIGHT 2001 Worldwide Projects, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PROJECT OVERVIEW:
A Peruvian joint venture, led by CEMENTOS LIMA, is currently gearing-up to build what is claimed to be Peru's second largest hydroelectric plant. The other companies involved in the project include CEMENTO ANDINA and ARPL TECNOLOGIA INDUSTRIAL S.A. The planned undertaking, dubbed El Platanal, will involve building a power complex with an installed generating capacity of 270 Mw. The new facility is to be sited south of Lima on the Canete River.
In so doing, the project will also provide irrigation to some 80,730 acres of farmland. And, some 25% of La Platanal's production will be acquired by the partners while the remainder will go ...