Nicaragua: Construction of Tumarin Hydro Plant to Start in March
The company Queiroz Galvao announced that works will begin in March, with an estimated investment of $1.100 million.
Monday, January 31, 2011
The hydroelectric plant, capable of generating 253 megawatts, would come into operation in late 2014.
An announcement has been made in Nicaragua that construction will be started in February 2013 on the hydroelectric plant which will generate 250 MW at a cost of $1.1 billion.
The project had planned to start later this year but will be delayed until 2011.
A reform of the special law in Nicaragua for the hydroelectric project Tumarín raises its potential to 253 MW, making the investment estimated at $1.1 billion feasible.
Nicaragua's Tumarín hydroelectric project will also mean constructing additional infrastructure for the inhabitants of the new town that will be built.
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