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The contract entails the construction of the plant, including detailed engineering, and supply of electromechanical equipment and materials, according to bidding information from state power company Ande.
According to preliminary information, the plant would boast 10MW and cost an estimated US$40mn.
The winner will supply electricity to Ande for 30 years and transfer the plant to the state company at the end of the contract. Works must be completed within 33 months.
The reservoir must not exceed 13km2 in order to be considered a small hydroelectric plant, and the offer will consist of a tariff (US$/MWh) for up to 90,000MWh/year.
Inquiries will be received through December 1 and bids on December 11.