Peru grants study concession for 154.5-MW Oco 2010

Peru’s Ministerio de Energia y Minas has granted a concession to Ocona Hydro to perform a feasibility study of the 154.5-MW Oco 2010 hydroelectric project in Peru.

Peru’s Andina news service said the energy ministry allowed Ocona 24 months to perform studies of Oco 2010 in Yanaquihua District, Condesuyos Province in Arequipa Department.

In performing the study, Ocona is required to respect regulatory standards and security, preserving the environment and cultural resources. If the concessionaire fails to perform the study within the established guidelines and schedule, it will forfeit a guarantee to the Direccion General de Electricidad.

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