Isolux Corsán has been awarded a contract for the construction of the 300 MW Molloco hydroelectric power plant located in the southern region of Arequipa (Peru). The estimated total investment, as of the date of commencement of work based on the official studies, and pending completion of definitive studies, will exceed €760m (US$990m).
The Group will build this plant as part of a consortium with the Brazilian companies, Enex and Engevix. This facility, located in the provinces of Caylloma and Castilla, consists of two hydroelectric plants and will produce energy from the water resources of the Molloco River basin and in part from the Palca river. The project comprises three reservoirs (Machucocha, Molloco and Japo), the derivation of part of the Palca river to the Illigua river and two adduction conduits, the first to the Llatica hydropower plant (with a capacity of 142 MW) and the second to the Soro hydropower plant (capacity of 159 MW). The 220 kV electric transmission system will go to Cerro Verde. The construction of this plant, which will begin in 2015, has an execution period of five years.
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