The government of Bolivia has signed an agreement with the Japan International Cooperation Agency (JICA) to build the Laguna Colorada geothermal plant, according the Bolivian Information Agency.
JICA will invest $25m in the project, reports BNamericas.
The plant, which is slated to be completed and brought online in 2019, will be located in the Sol de Manana geothermal field in Bolivia’s Potosi department.
A substation and a transmission line connecting to San Cristobal, the country’s silver largest mine, will also be built as part of the project.
According to BNamericas, Laguna Colorado will add 50 MW to the national grid initially and with the expectation to eventually reach 100 MW.
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