Brazilian construction company OAS committed March 5 to carry out construction of Peru’s 2,000-MW Inambari hydroelectric project in partnership with Brazil federal utility Centrais Eletricas Brasileiras S/A (Eletrobras).
OAS International Director Cesar Uzeda made the commitment to Peru President Alan Garcia, the president’s office said. Uzeda outlined details of the US$4 billion project to Garcia in a meeting at the president’s Palacio de Gobierno.
Brazil is to finance the project, which is to be built over four years, beginning in early 2010.
The Brazilian firms completed the first phase of feasibility studies, arriving at the 2,000-MW capacity for the project, to be built in Peru’s Madre de Dios Department. OAS last year said pre-feasibility studies showed excellent hydrographic conditions for Inambari, prompting installed capacity estimates to be increased from the original 1,500 MW. (HNN 11/4/08)
Peru’s Ministerio de Energia y Minas granted a 24-month study concession in June 2008 to OAS, Eletrobras, and Brazil federal utility Furnas Centrais Eletricas S.A.
To be built 300 kilometers from the Brazil border on the borders of Peru’s Puno, Cusco, and Madre de Dios departments, Inambari is proposed as the first project of energy integration between Peru and Brazil. The governments of Brazil and Peru agreed in 2008 to build the project in Peru with plans to export electricity to northern Brazil. Additionally, Eletrobras has proposed concessions to study five more Peru hydro projects. (HNN 8/12/08)