Peru's 730-MW Veracruz hydropower plant receives final concession

Peru Flag

Peru's Ministry of Energy and Mines granted a definitive concession to developer Enersis for its 730-MW Veracruz hydroelectric project.

The plant, which is to be located on the Maranon River in Peru's Cajamarca and Amazonas regions, is scheduled for completion in 2022.

The plant is being developed by Enersis subsidiary Compania Energetica Veracruz and includes the construction of a 170-meter-high dam. The reservoir impounded by the dam is expected to have a capacity of about 430 cubic megametres.

Compania Energetica Veracruz was awarded a concession to perform feasibility studies for the plan in April 2009. The studies were to be conducted in a number of Peru's districts and provinces, ensuring Vercruz meets regulatory, security, environmental and cultural standards. reported earlier this week that Peru's Ministry of Energy and Mines had also granted temporary concessions for a 165 MW hydropower plant in the country's Junin region, and a 118 MW project in its Pasco region.

Peru's legislators submitted a bill to the country's congress this past October seeking to expedite the approval process for hydropower projects with capacities greater than 20 MW.

The South American country is currently developing a number of large hydropower plants to help meet near-record demand for energy, including the 406-MW Chaglla, 600-MW Chadin 2, and 195-MW Araza River complex.

For more news from Latin America, visit here.

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


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs