Eletrobras, Latin America’s largest electric utility, may build a $4.8 billion hydroelectric project in northern Peru, according to a government official interviewed by Bloomberg.
Eletrobras Regional President Cesar Alvarez told the financial news service that the Corina project calls for the construction of six hydropower plants in the Amazon. The facility would pump water through a Mountain tunnel from the Maranon River, Bloomberg reported.
Alvarez said Eletrobras is in talks with the Ancash regional government about the project.
“Corina could irrigate half of Peru’s desert,” Alvarez said.
The Corina project would be Peru’s largest hydropower facility, with a capacity of 9,000 MW, he said.
Eletrobras is the government-owned electric utility of Brazil. Peru and Brazil are considering several new hydroelectric projects with an investment outlay of more than $15 billion. (HydroWorld 8/12/09)