Thursday, April 28, 2011

Peru announces plans for 15 billion dollar investment in hydroelectric plants- April 2011

The plan is to produce 12000 MW in the following 20 projects: Vizcarra (140 Mw), Llata 1 (210 Mw), Llata 2 (200 Mw), Puchca (140 Mw), Yanamayo (160 Mw), Pulpería (220 Mw), Rupac (300 Mw), San Pablo (390 Mw), Patas 1 (320 Mw) y Patas 2 (240 Mw).

Igualmente, Chusgón (240 Mw), Bolívar (290 Mw), Balsas (350 Mw), Santa Rosa (340 Mw), Yangas (330 Mw), Pión (350 Mw), Cumba (410 Mw), Rentema (1,500 Mw), Escuprebraga (1,800 Mw) y Manseriche (4,500 Mw).

Peru has lot of untapped potential in the hydroelectric sector.

Peruvian economy is a star performer in Latin America and is projected to have the highest GDP growth in 2011. Peru has been attracting a lot of investment in mining in recent years.

Indian companies should target Peru and make us of the opportunities.

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