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Peru grants concessions for two hydropower plant proposals

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Peru's Ministry of Energy and Mines has granted temporary concessions for a pair of hydropower project proposals in the country's Cusco department, according to a recent resolution.

Included in the resolution are an unnamed 49.7 MW hydroelectric plant being developed by Empresa de Generacion Electrica Ccollpani and the 62.1-MW Vilcanota 4 being developed by Empresa de Generacion Electrica Santa Maria.

The companies filed their concession requests in March and July of this past year, respectively, and now have 24 months to carry out feasibility studies under penalty of losing their project deposits.

For more news from Latin America, visit here.

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