The 2,400-MW HidroItuango hydropower project being developed by the local development agency of Colombia's Antioquia department (IDEA) and Medellin-based multi-utility EPM is progressing on schedule, with construction expected to begin in 2013, a spokesperson for project developers told wire services.
Planned for the Cauca River, the hydro project will use eight turbines and will be the largest hydroelectric project in Colombia, according to wire reports. The plant is set to be online in 2018.
An agreement between IDEA and EPM has been signed, assuring the latter company's right to finance, build and maintain the dam and hydro project, reports indicate. A special purpose company is set to be established later this year to manage the project, according to the spokesperson.
In other news, Colombian hydro generator Epsa announced plans to begin operations at its 18.8-MW Amaime small hydropower plant within a month, developers told wire services.
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