Peru
News

Peru grants power dispatch concession for US$500mn hydro project

Bnamericas
Peru grants power dispatch concession for US$500mn hydro project

Peru’s energy and mines ministry granted Hydro Global Perú (HGP) the definitive concession for a transmission line in Puno region.

The dispatch infrastructure comprises the 178km, 220kV Paquillusi-Pumiri link across the provinces of Azángaro, Carabaya and Melgar, and the expansion of the Pumiri substation.

HGP is building the US$500mn, 206MW San Gabán III hydro project which is 90% complete and due online in July.

The ministry’s power director is now authorized to sign the concession contract with the company.

DEMAND GUIDANCE

Meanwhile, power grid administrator COES’s latest medium-term report shows that energy and capacity demand this year is forecast to grow 3.0% and 3.5%, respectively, to 61,029GWh and 8,150MW.

Energy and capacity demand growth in 2025 is projected to increase 4.1% and 1.6% to 63,557GWh and 8,278MW.

Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: Electric Power (Peru)

Get critical information about thousands of Electric Power projects in Latin America: what stages they're in, capex, related companies, contacts and more.

Other companies in: Electric Power (Peru)

Get critical information about thousands of Electric Power companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: Orygen Perú S.A.A.  (Orygen Perú)
  • The description contained in this profile was extracted directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine...
  • Company: IESA S.A.  (IESA)
  • IESA S.A. (IESA) is a construction company specializing in tunnels and underground mining in Peru. It was incorporated in 1953 as Ingenieros Ejecutores Sociedad Anónima and is c...
  • Company: Aenza S.A.A.  (Aenza)
  • The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
  • Company: Siemens Energy S.A.C  (Siemens Energy Perú)
  • The description contained in this profile was extracted directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine...
  • Company: Stantec Perú S.A.  (Stantec)
  • The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...