Bolivia postpones bid deadline to build Misicuni Dam

Project developer Empresa Misicuni has postponed the deadline for bids from Italian and Bolivian firms to build the 120-meter-tall Misicuni Dam multipurpose project in Bolivia’s Cochabamba Valley.

Business News Americas quoted a company official saying a new deadline likely will be set in late November. Bids had been due September 17. (HNN 7/15/08) The official said Italy’s government, which is helping finance the project, will set the new date.

Empresa Misicuni had restarted stalled bidding in July after the government allowed price variations to cover materials including steel, pipe, cement, valves, controls, and prefabricated parts. Bolivia secured funding from the Italian government in May 2007, allowing construction to be launched.

Misicuni includes a 120-meter-tall, 512-meter-long dam; a 150 million-cubic-meter reservoir; 444-meter diversion tunnel; and a water treatment plant. When complete, the project is to provide water to the Cochabamba metropolitan area and is to irrigate more than 15,000 acres, in addition to the potential to generate hydroelectric power estimated at 120 MW.

Bolivia utility Ende and South Korea’s Korea Electric Power Corp. have signed an agreement to build a 120-MW hydro plant as part of Misicuni.

A Brazil-Bolivia consortium, Engevix-Caem, previously was named to provide technical supervision of the construction of the dam and related works.

The Italian government is providing US$31 million for the project, while US$7.5 million is coming from multinational lender Corporacion Andina de Fomento, US$6.5 million from the Bolivian Treasury, and US$31 million from Cochambamba Prefecture.

Bidding documents may be obtained from Empresa Misicuni’s Internet site, www.misicuni.net. For information, contact Secretaria Elizabeth Montoya, Ing. Hugo Terceros, Empresa Misicuni, Av. Tadeo Haenke 1663, Apartado Postal 5639, Cochambama, Bolivia; (591) 4-4410840; Fax: (591) 4-4410843; E-mail: proyecto@misicuni.net; Internet: www.misicuni.net.

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