Chinese conglomerate Sinohydro has been awarded a contract by the Bolivian Ministry of Energy to construct the 280-MW Iviriu hydropower plant in the South American country.
Contracts for Ivirizu's tunnels will be awarded by the energy ministry soon, with awards for the plant's transmission components to be offered straight from Ende Transmision.
Ivirizu is being developed by Empresa Nacional de Electricidad S.A. (Ende) subsidiary Electrica Valle Hermoso, which has previously stated it expects the project to be on line in 20201.
The Bolivian government said it was making the $520 million project's completion a priority in June 2016, with the goal of making Bolivia an exporter of surplus energy. The country has a number of other hydropower plants also in development, meaning about 70% of the country's power will come from hydroelectric sources by 2025.
HydroWorld.com reported in April 2016 that Ende had awarded a contract to complete design studies for the 347-MW Carrizal plant. The company is also working on the 40-MW Rositas project, with the 5-MW Huacata, 120-MW Misicuni, 1,600-MW El Bala and 200-MW Miguillas.
For more news from Latin America, visit here.