Guatemala and El Salvador Study Hydroelectric Projects on Paz River

Pre-feasibility and feasibility studies will be conducted for the building of two hydroelectric power stations on the Paz river, which borders both countries.

Monday, February 23, 2009

Daniel Choto in his article in Elsalvador.com writes: "The first hydroelectric power station inaugurated with the name “El Jobo,” will have 72 Mega Watts of capacity installed, calculated for 8 daily hours at peak operation, which will imply the generation of 208 GW/h of energy per year. The second project is known as the “Piedra de Toro,” with an installed capacity of 66 MW, calculated for 8 peak operation hours and a generation of energy of 196 GW/h per year."

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El Salvador: Nejapa Power Wins $18 Million in Arbitration

December 2009

CEL, the state owned energy company, will have to pay the U.S. company over $18 million in compensation.

The dispute between both organizations started in 1999, when CEL decided to end an energy procurement contract enacted 5 years earlier with energy generator Nejapa Power. The parties were unable to land satisfactory indemnification terms, so they proceeded to international arbitration.

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