Design for 800MW Cachuela Esperanza project expected in H2

- Thursday, April 16, 2009

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The final design for the 800MW Cachuela Esperanza hydro project in Bolivia is due to be ready in the second half of this year, a project official from state power company Ende told BNamericas.

In August, Ende and consultancy group Tecsult-Aecom signed the contract for the final design work.

Tecsult-Aecom has submitted a first report in which they recommended that economic feasibility studies be carried out, the official said. A decision has yet to be made whether the group will carry out this additional work.

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Calls for bids to carry out project components will depend on financing, the official added. Options include carrying out Cachuela Esperanza via an EPC contract or a JV.

Potential project sites include locations on the Beni, Madera and Mamoré rivers.

The project's estimated price tag is US$1.5bn and was declared a national priority 25 years ago. Cachuela Esperanza would supply Bolivia's Amazon region and could export surplus power.