+44 207 394 30 90 (London)

Bolivia’s ENDE awards contract to Chinese firms for Rositas hydroelectric plant

Main » News » Bolivia’s ENDE awards contract to Chinese…

State power company Empresa Nacional de Electricidad Bolivia has contracted a pair of Chinese companies to construct the Rositas hydroelectric plant.

The deal comes with an initial US$1 billion in financing from the Export-Import Bank of China and will see China Three Gorges Corp. and China International Water & Electric engineer and construct what is expected to be a 500 MW to 600 MW project.

HydroWorld.com reported in December that ENDE had called for expressions of interest in a turnkey contract to develop the plant.

The project, on the Grande River in Santa Cruz department, will be built to help the country advance toward its goal of having hydropower account for 70% of the energy matrix from 2025, as well as export electricity.

Rositas was first proposed in October 1987 under Bolivia’s Law 940, which stated that its construction was a national priority. It’s development has been unsteady, however, with several other foreign groups expressing an interest in building the plant in ensuing years.

The Bolivian government now said it hopes to have the plant on line by 2024.

Source: https://www.hydroworld.com

MORE

Global Hydropower Market Development (2012 To 2019) And Forecast To 2028

Hydropower Market has witnessed development in the past few years and is projected to become much further during the estimate time frame (2019-2028). The examination exhibits a total evaluation of the market and contains Future pattern, Current Growth Factors, mindful conclusions, actualities, recorded information, and statistically supported and industry-validated market data. The Scope of Global…


European insights: hydropower, climate change and EU law

For two years running, renewable energy has produced more power than fossil fuels throughout Europe in the second quarter of the year.  Accounting for 44.4% of all renewable generation, the largest contribution came from hydropower plants and, according to EnAppSys’ recent European electricity analysis, hydro looks set to remain the dominant renewable fuel source in…


Paraguay – ANDE projects works for USD 1,109 million in Transmission and Distribution

Source: Bnamericas, Thursday, October 24, 2019 The National Electricity Administration announced the main works planned for the reinforcement of the National Interconnected System in the coming years. The electrical infrastructure works will require an investment of more than USD 1,109 million, highlighting initiatives to strengthen the Transmission and Distribution System, which include: The public tender…