Plan to build hydroelectric plant in Nicaragua
Brazil and Nicaragua moved ahead with negotiation to construct the Tumarin Hydroelectric plant in the north of the Central American country
Thursday, October 9, 2008
"There are already figures on the cost of the works and we are completing the relevant studies, but the most important thing is the political decision as the technical decision was made and already in progress," said Santos Lopez, after meeting this Wednesday in Rio de Janeiro with the Brazilian foreign minister, Celso Amorim.
The project with a cost of $500 million, which aims to generate 180 megawatts for the country, was approved in the National Assembly.
The Tumarín hydroelectric project by the Brazilian company Centrales Hidroeléctricas de Nicaragua, has not recorded any material progress, despite repeated announcements of the start of construction.
Two Brazilian companies will participate in the construction of an ambitious hydroelectric program in the northern part of Nicaragua
The $350 million concession for the execution of the hydroelectric project is pending approval by the national assembly.
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