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Latin America Investment News on Viva Tropical

Ecuador Spends $4 Billion on Hydro Projects

Article Summary:

Ecuador has an investment of U.S. $4 Billion in the construction of eight hydroelectric plants. The newest, Delsitanisagua hydroelectric project, located in Canton Zamora (East), is expected to enter operations in December 2015.

Photo Credit: America Economia

Original Article Text From America Economia via Google Translate :

Ecuador Spends U.S. $ 216m Hydro Project to the East

By December 2015 is expected to enter operations in Delsitanisagua hydroelectric project, located in Canton Zamora (East). The total investment is U.S. $ 216 million and uses the energy potential of the river Zamora, to produce an average energy of 904 GWh per year.

Ecuador is a producer of electricity deficit, determined why the construction of eight hydroelectric plants with an investment of U.S. $ 4,983 million, double the energy capacity of the country when they begin operating in 2016.

Among the main benefits that the project include replacement Delsitanisagua thermal generation, reducing CO2 emissions by approximately 502 thousand tons and the decrease in imports of electricity.

The new project has a capacity of 115 MW to meet the energy demand of the area east of the country.

The project is located 20 kilometers east of the city of Loja and 12 kilometers west of the town bearing the same name.

The company in charge of the work is Hidrochina for which he received a payment of U.S. $ 195 million contract signed in October 2011.

The initial works include the construction of civil works, supply, installation, equipment testing and commissioning of the hydroelectric plant.

The representatives of the Ministry of Strategic Sectors, Electricity and Renewable Energy made a tour to monitor progress of work on the hydroelectric project.

Link to Original Article:

From America Economia

  • Kbd31

    Please do all you can to stop these types of developments. You must figure out what appeal they are using and after thus identification, set up opposition. I encourage you to put all effort forth needed.

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