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Inambari hydro project likely to be resumed, says Eletrobras

Brazilian state-run utility holding group Eletrobras believes Peru's 1,500-MW Inambari hydropower project is still viable, a company spokesperson told wire services.

Earlier this week, Peru's energy and mines ministry issued a resolution that terminated the temporary concession granted for the Inambari hydro project to Empresa de Generacion Electrica Amazonas Sur (Egasur), comprised of Eletrobras, Eletrobras Furnas and OAS, Business News Americas reported. 

Peruvian authorities will set a public hearing to discuss the project. A definite concession might then be issued, the official said.

Inambari was the flagship project of a power supply and export agreement between Peru and Brazil signed in June 2010.

In other news, 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.

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