Peru’s Ministerio de Energia y Minas has granted a temporary concession to Swiss Hydro to perform a feasibility study of the 188.59-MW Retamal hydroelectric project in the Cusco Region.
Peru’s Andina news service said the energy ministry acted October 16, granting Swiss Hydro 12 months to perform studies of Retamal in Machupicchu and Ollantaytambo districts of Cusco’s Urubamba Province.
In performing the study, Swiss Hydro 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.
Swiss Hydro previously received a concession to study the 204-MW San Gaban 4 hydroelectric project on the San Gaban River in Peru’s Puno Region. (HNN 4/29/08)