Italy’s Impregilo to lead construction of Sogamoso hydro project in Colombia

A consortium led by Italy’s Impregilo was awarded the tender to build state-run Isagen’s Sogamoso hydroelectric project in Colombia, Impregilo reported.

The project, worth approximately US$500 million, involves the construction of a 190-meter-high dam that is 300 meters in length. Also, the project includes construction of an underground power station that will house a trio of turbines with a total generating capacity of 820 MW.

Colombian companies Conalvias and Tecnica Vial will work with Impregilo on the project.

Impregilo is already carrying out preliminary work on the project, the company said.

Recently, the Andean Development Corporation approved a US$140 million loan to assist with the Sogamoso hydroelectric project.

The project’s total cost is estimated at US$1.74 billion, and bond money will finance the first phase of construction. The Andean Development Corporation loan will help finance the second phase.

Project completion is planned for 2014.

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