Argentina looks to Chinese investors to build hydro plants

Argentina is looking to China for help fund the construction of two new large-scale hydroelectric complexes in the country.

The country’s minister of Planning, Public Investment and Services, Julio de Vido, presented the investment opportunities in a recent visit to China’s capital city, Beijing.

With an estimated budget of $5bn, experts expect the two hydro plants to produce 5246 MWh per year, meeting approximately 5 per cent of Argentina’s electricity consumption

The hydro plants, which are to be called Presidente Nestor Kirchner and Gobernador Cepernic, will have an output capacity of 1140 MW and 600 MW, respectively.

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