Peruvian distributor Luz del Sur has plans to start construction of its Santa Teresa 98-MW run-of-river hydroelectric power plant during 2011, news agencies reported.
Peru's state agency for promoting private investment ProInversion awarded the contract for the construction of the plant to Luz del Sur last year.
Under the terms of the contract, state power firm Emgesa will receive 15 percent of all energy generated from the project, Business News Americas reported.
In other news, Preliminary works for SN Power's 168-MW Cheves hydropower project in Peru have begun, the Norwegian company's local general manager told wire services.
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