Toro III Hydroelectric Plant Inauguration

With an investment of $188 million and a generation of 46 megawatts, the Toro III Hydroelectric Plant will be inaugurated tomorrow , in San Carlos, Alajuela, Costa Rica.

Wednesday, April 3, 2013

The work, which took five years to complete, was conducted through a strategic alliance between the Instituto Costarricense de Electricidad (ICE) and the Junta Administrativa de Servicios Eléctricos de Cartago (Jasec).

The plant was financed through a trust with the Bank of Costa Rica and will be implemented by the firm Consultores en Infraestructura GIP Ltda.

Nacion.com reports that "power will be shared between the two institutions and input will be made to the JASEC system from the ICE plant located in Cóncavas, Paraiso de Cartago".

In the opinion of Oscar Meneses, JASEC manager, the project will contribute to electricity production at a key moment for the country.

Rolando Rodriguez, mayor of Cartago and JASEC's president, when signing an agreement with the ICE, said the community of Cartago in particular will benefit. "With this infusion of greater power generation we will continue to maintain the lowest rates in the country," he added.

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