Will security threat continue to delay Peru hydro?

Friday, September 12, 2014

Brazil's Odebrecht is scheduled to begin construction of a hydroelectric complex in Peru's southern Huánuco region in December.

Information from energy and mining investment regulator Osinergmin also reveals, however, that the zone where the 180MW Belo Horizonte plant is planned to be built continues to be under a state of emergency because of terrorism and drug trafficking.

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The government extended the security measure for 60 days as of August 27 for Huánuco as well as for regions San Martín and Ucayali.

The project's special purpose company, Compañía Energética del Centro, which Odebrecht acquired from miner Volcan, secured a timetable extension last year because of potential risks to the safety of workers.

Belo Horizonte will be located in Monzón district and pull water from the river of the same name. The plant will boast three Francis turbines and is due to come online in December 2017.

BNamericas will host its 11th Southern Cone Energy Summit in Lima, Peru, on November 12-13. Click here to download the agenda.