Proinversion, Peru’s agency that promotes private investment is expected to decide next month who will be awarded the contract for the Molloco hydroelectric dam project in the province of Arequipa.

Four consortia have been qualified:

  • KHNP (Korea Hydro & Nuclear Power-Hydro Electric-Pyunghwa Engineering Consultants);
  • CEE (Corsan Corviam-Engevix-Enex);
  • Molloco River (Power Machines Equipamentos de Geracao de Energia do Brasil-Construtora Quebec-Quebec Inversiones del Peru); and
  • Molloco (Construtora Queiroz Galvao-Construtora Andrade Gutierrez).

The project will utilise water from the Molloco River basin, as well as from the Palca River, and its output will supply Egasa (Empresa de Generacion Electrica de Arequipa SA), the main power generator in Arequipa.

According to La Republica, the project involves the construction of three dams – the Machucoca, Molloco and Japo, with the total capacity expected to be in the region of 320 MW and the investment cost in the region of $635m.

According to BNamericas, the winning consortium will have 18 months to complete definitive studies and inform the Energy and Mines Ministry of its intention to proceed to the construction phase.

Operations must also begin within 60 months.

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