Peru to seek bids for first 164 MW of 600-MW Olmos

Peru’s investment agency, ProInversion, plans to begin tendering in May for the first 164-MW power component of the 600-MW Olmos irrigation and hydroelectric project, a spokesman told local press.

In a report by government newspaper El Peruano, as carried by Business News Americas, Olmos project manager Enrique Salazar said rules and reference terms are being drafted for international bidding. He said the goal is to award a concession by September.

Salazar said the 164-MW first stage of the hydroelectric project would cost about US$135 million.

ProInversion last year awarded a US$6.1 million contract to a consortium of Coyne et Bellier of France and Peru firms Lahmeyer Agua y Energia and Alpha Consult to supervise the initial phase of the irrigation and hydroelectric project. That work includes building a 15-kilometer Transandino Tunnel and the first stage of Limon Dam, diverting 2.05 million cubic meters of water per year from the Huancabamba River, in the Atlantic Basin, through the Andes Mountains to the Pacific Basin, where it will be used for hydropower and irrigation. Brazilian construction company Constutora Norberto Odebrecht S.A. was contracted to build the giant water transfer system.

For information, contact Mario Hernandez Rubinos, Coordinador Sectorial del Proyecto Olmos – ProInversion, Av. Paseo de la Republica 3361, Piso 5, San Isidro, Lima, Peru; (51) 1-6121200, extension 1302; Fax: (51) 1-4212838; E-mail: mhernandez@proinversion.gob.pe; Internet: www.proinversion.gob.pe.

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