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Article: PERU: Joint venture construction start-up on planned $340,000,000 hydro plant is tentatively scheduled to begin some time during the second half of the year 2002, CEMENTOS LIMA, CEMENTO ANDINO & TECNOLOGIA INDUSTRIA [Peru] - Order #: 023102.
- Article from:
- WWP-Business Opportunities in Latin America & the Caribbean
- Article date:
- February 1, 2002
CopyrightCOPYRIGHT 2002 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 that teams-up CEMENTOS LIMA, CEMENTO ANDINO and TECNOLOGIA INDUSTRIA is currently gearing-up to build a new hydropower plant in the country. Construction plans under consideration call for building a power station with an installed generating capacity of 270 Mw.
The new facility, dubbed El Platanal, is to be sited on the Canete River south of Lima. In so doing, the project is expected to provide irrigation for about 27,000 hectares (ha) of farmland. The cost to complete the undertaking has been pegged at $340,000,000. And, the partners have agreed to assume 40% of the investment while securing the remaining ...