Ecuador to promote PPPs for US$1.5bn in new hydropower
Ecuador’s government plans to offer public-private partnerships (PPPs) for 10 new hydroelectric projects which envision a combined 640MW and investment of US$1.52bn.
Authorities unveiled the projects after an update by the energy and mines ministry and state power corporation Celec to hydropower studies carried out 40 years ago.
The proposed plants range from 20MW to 150MW and will be incorporated into the master electrification plan.
Hydropower currently accounts for nearly 60% of the country’s installed power generation capacity of 8,786MW.
[insight#260217544]
The new hydro projects are:
Alto Tambo
Capacity: 60MW
Cost: US$153mn
Location: Carchi-Esmeraldas border
Arenal
Capacity: 40MW
Cost: US$151mn
Location: Carchi-Imbabura border
Chaumala
Capacity: 40MW
Cost: US$120mn
Location: Chimborazo-Bolívar border
Miravalle
Capacity: 50MW
Cost: US$133mn
Location: Carchi-Imbabura border
Misahaullí
Capacity: 120MW
Cost: US$201mn
Location: Napo
Pastaza 1 Simón Bolívar
Capacity: 40MW
Cost: US$279mn
Location: Pastaza-Morona Santiago border
Pastaza 2 Kumay
Capacity: 40MW
Cost: US$233mn
Location: Pastaza-Morona Santiago border
Tiwintza
Capacity: 150MW
Cost: US$333mn
Location: Morona Santiago
Tobar Donoso
Capacity: 80MW
Cost: US$173mn
Location: Carchi-Esmeraldas border
Upano
Capacity: 20MW
Cost: US$123mn
Location: Morona Santiago border
A map with the projects is available here.
BNamericas’ Project Profiles team is tracking 28 other hydropower developments, among them Cardenillo (596MW) and Santiago (2,400MW).
[insight#259774678]
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