Argentina is receiving tenders for the technical feasibility studies and the executive project for the bi-national (Argentina and Brazil) Garabi and Panambi hydroelectric projects, confirmed Julio de Vido, minister of Planning.

According to de Vido, he expects both projects, totaling 200 MW and located on the Uruguay river, to be operational within 5-6 years, reports Le Nacion.

The estimated total budget cost is $4.2bn.

According to the newspaper, there are a number of prospective bidders for this tender, including the consortia Cnec Engenharia SA, Esin Consultora SA and Proa Srl.

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