Peru’s Energy and Mines Ministry has granted a concession to Chancadora Centauri to perform a feasibility study of the 372-MW Huallaga hydroelectric project in Peru’s Huanuco Department.
Peru’s state-run Andina news service said the temporary concession, approved May 8, allows Chancadora Centauri to perform studies related to potential power generation at the project site. According to a ministerial decision, the company has 24 months to carry out the studies.
The studies are to be conducted in the districts of Chinchao and Chaglla in the provinces of Huanuco and Pachitea.
In performing the study, Chancadora Centauri is required to respect regulatory standards and security, preserving the environment and cultural resources. If the concessionaire fails to perform the study within the established guidelines and schedule, it will forfeit a guarantee to the Direccion General de Electricidad.
The Ministerio de Energia y Minas also granted a temporary concession to Chancadora Centauri in November to perform a feasibility study of the 98.7-MW Pacobamba hydroelectric project in Apur�mac Department.