Colbún updates development pipeline

Friday, November 15, 2013

Chilean generator Colbún is working on preliminary engineering for hydro projects in region VII while it moves forward with several other power generation projects, according to CEO Ignacio Cruz.

The Guaiquivilo Melado hydro in region VII will make use of the generator's water rights in the area of Linares, but the firm has yet to decide whether to build one large plant or several smaller ones. Regardless the project is expected to boast a 400MW capacity.

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During a conference on corporate social responsibility in Santiago, Cruz said court orders against the 316MW Angostura project in region VIII were lifted and the firm expects the first unit at the dam to come online in December.

Although the Santa María II coal project in region VIII has received environmental approval the firm is first looking to optimize operations at the adjacent 342MW Santa María I plant, according to Cruz.

Cruz expects the final engineering details and reports for the 144MW San Pedro hydro in region XIV to be completed in the first few months of 2014.

And Colbún is pursuing two different options to supply gas units, including its 884MW gas-fired Nehuenco complex in region. The company is making headway both with the development of a floating storage regasification unit (FSRU) LNG terminal with generator AES Gener and a supply contract with the existing Quintero LNG terminal, according Cruz.