Peru generator Egasa lands concession
Peru authorities have granted power producer Empresa de Generación Eléctrica de Arequipa (Egasa) a temporary concession for a hydroelectric project in the south of the country.
The 17.5MW Charcani VII plant would be built in Arequipa region, according to an energy and mines ministry resolution.
Project investment reaches US$35mn and work would take two years. The complex will boast a flow of 15m3/second.
Egasa filed the concession request in June and now has 24 months to carry out feasibility studies. The ministry's general power department will cash in the project deposit if the developers fail to carry out the studies within the timeframe.
The company in 2013 generated 1.42TWh (1.08TWh hydro, 341GWh thermo), up 11.1% from the year before.
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