Future of Bolivia's 600-MW Rositas hydroelectric project still unsure

Bolivia's Santa Cruz and Chuquisaca departments are discussing financing the 600-MW Rositas hydropower plant, local sources have reported.

The US$900 million project was first proposed in October 1987, when Bolivia's Law 940 stated that its construction was a national priority.

HydroWorld.com even reported in January 2009 that Russian power plant developer Technopromexport had expressed interest in constructing Rositas and several other hydroelectric projects, though nothing ever came of the discussion.

Most recently, China's Hydrochina Corp. conducted its own feasibility study for the project, with the results submitted to Bolivian officials earlier this month.

Should the plan proceed, Santa Cruz says it is willing to provide up to 10% of the project's costs, with other investors yet to be determined.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs