Iran delegation eyes Ecuador hydro investment totaling 2,139 MW

Officials of Ecuador’s power regulator are meeting with a delegation of Iranian technicians studying possible investment in Ecuador hydroelectric projects totaling nearly 2,139 MW.

Consejo Nacional de Electrificacion (Conelec) said representatives of Farab Energy and Water Projects, LAR Consulting Engineers, and the University of Science and Technology of Iran visited Conelec headquarters January 20.

Conelec officials explained Ecuador’s procedures to implement projects as well as procedures and timing for completion. The Iranians also were briefed on environmental impact studies that must be performed before a project is licensed.

Conelec said so far the Iran delegation sought details of three proposed projects, 100-MW Quijos-Baeza, the 1,670-MW Guayllabamba River complex, and the 368.9-MW Minas-La Union complex.

To consider investing in Ecuador projects, the delegation seeks to learn status of the projects and the possibility of Iranian participation. Members also seek to visit areas where the projects would be built. The Iran delegation was expected to tour on January 26 the Jubones River in El Oro Province, proposed location of the Minas-La Union complex.

Quijos-Baeza is one of nine hydroelectric projects that Ecuador’s energy and hydrocarbon investment fund, Fondo Ecuatoriano de Inversion en los Sectores Energetico e Hidrocarburifero (FEISEH), committed to finance in 2008 in the amount of US$182 million. (HNN 4/3/08)

The governments of Ecuador and Pichincha Province agreed in September to develop 11 hydroelectric projects totaling 1,670 MW in the Guayllabamba River hydroelectric system. (HNN 9/15/08) The projects include Chespi, Villadora, Chontal, Calderon, Cubi, Palma Real, San Pedro, Chirapi, Mandarayacu Grande, Tortuga, and Llurimaguas.

Ecuador generator Enerjubones S.A. took bids in December from consultants to perform studies and design of the 368.9-MW Jubones River hydroelectric complex, which includes the 285-MW Minas and 83.9-MW La Union hydroelectric projects. (HNN 10/28/08)

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