The government of Colombia has declared of public utility the lands necessary to build the 400-MW El Quimbo hydroelectric project on Colombia’s Magdalena River.
In response to a request by utility developer Emgesa to Colombia’s Ministerio de Minas y Energia, the national government condemned the land for the project, declaring the land to be of public utility and in the public interest in a September 1 resolution.
The government certified the project area, near municipalities of Garzon, Gigante, El Agrado, and Altamira in Huila Department, does not include indigenous or minority communities that might be displaced by the project.
Colombia’s Comision de Regulacion de Energia y Gas (CREG) authorized purchase of power from El Quimbo in June (HNN 6/17/08) Emgesa is to receive a 20-year power contract priced at US$14 per megawatt-hour. El Quimbo is to begin operation in December 2014.
Emgesa said the US$650 million hydro project is the largest to be built by a private company in Colombia. Emgesa is a subsidiary of Spanish utility Endesa. (HNN 12/18/06)
In 2007, national utility Isagen S.A. E.S.P and river manager Corporacion del Rio Grande de la Magdalena (Cormagdalena) agreed to contribute 150 million pesos (US$67,350) each for a pre-feasibility study of El Quimbo as part of studies of the upper Magdalena. (HNN 2/8/07)