The government of Nicaragua and Brazilian constructor Andrade Gutierrez reportedly have agreed to study developing the 250-MW Brito hydroelectric project on Nicaragua’s Brito and San Juan rivers.
Regional media said Nicaragua Energy and Mines Minister Emilio Rappaccioli and Andrade Gutierrez Vice President Leonardo Pereira signed an agreement to begin environmental and financial studies of the estimated US$600 million project.
Brito includes construction of San Isidro Dam on the San Juan River and Miramar Dam and a powerhouse on the Brito River. The powerhouse is to contain four 62.5-MW turbine-generators producing 1,130 gigawatt-hours annually.
The project, which is expected to be completed in 2014, also is to allow irrigation of 12,000 hectares and is to improve navigation on Lake Nicaragua.