Peru grants concession for 310-MW Molloco

Peru Minister of Energy and Mines Juan Valdivia signed a resolution August 30 granting a concession to Empresa de Generacion Electrica de Arequipa S.A. (Egasa) to develop the 310-MW Molloco hydroelectric project.

Molloco is to be built in two stages on the Colca River in Caylloma Province. It is to require an investment of US$337 million, Peru’s news service, Andina, said.

Andina said Valdivia also attended a ceremony launching construction by Egasa of Chalhuanca Dam on the Sumbay River.

With an investment of US$2.7 million, Chalhuanca is to store 25 million cubic meters of seasonal rains and divert them to the Chili River to boost generation at the 51-MW Charcani 5 hydroelectric project another 4 percent. (HNN 8/8/07)

Egasa is investing another US$5.08 million to build Bamputane Dam on the Bamputane River to increase generation further at Charcani 5.

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