Nicaragua Authorizes Tumarin Hydro Power Plant

The Government granted an environmental permit to build Tumarin Hydroelectric Power Plant in “Cruz de Río Grande”, in Matagalpa.

Thursday, March 4, 2010

It will cost $697 million and will output 220 MW when working at top capacity. Construction is expected to start in May, and last for 52 months (4 years and 4 months).

“This permit had been delayed because in December 2009, the Appeals Court of Juigalpa ordered to suspend the project, but this was overruled by the Supreme Justice Court in February 2010”, reported Elnuevodiario.com.ni.

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Tumarín Hydroelectric Project to Start in Nicaragua

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The dam, which will generate 253 megawatts of power, requires an investment of $1100 million over four years.

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Nicaragua: Tumarín Hydro Power Plant Starts in May

February 2010

Construction of the $600-million project is expected to start no later than May 2010.

This project will contribute 25% of the country’s energy supply, and could be operational in 2014.

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Nicaragua: Tumarín Hydro Power Plant Moves Forward

January 2010

Business sources indicate that the $625 million project would begin construction in 2010, in spite of having a pending judicial resolution.

The plant will be located in Nicaragua's south Caribbean coastline, and will be capable of generating 220 MW of power.

Marcelo Conde, president of "Centrales Hidroeléctricas de Centroamérica" (CHC), explained they are negotiating the purchase of 300 lots, to create a 50 square kilometer reservoir.

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