The 257-MW first unit of Venezuela’s 514-MW Fabricio Ojeda hydro project is due to be inaugurated in October, according to Javier Alvarado, president of state power utility EDC.
The hydropower plant’s second 257-MW unit is due to come online in April 2011, state news agency ABN quoted the official as saying. The Fabricio Ojeda hydro project is being built at La Vueltosa Dam on the Camburito River in Merida State.
In related news, President Hugo Chavez signed a decree that creates a national power fund, which will provide US$1 billion to advance power sector projects.
Also, Venezuela is considering a proposal to purchase electricity from Colombia and is buying power turbines from General Electric Co. (HydroWorld 2/22/10)
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