Nicaragua: Tumarín Hydro Power Plant Moves Forward

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

Monday, January 25, 2010

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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More on this topic

Tumarín Dam: Up till Now Just a News Story

August 2012

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.

An article published in Elnuevoherald.com reiterates statements by the President Centrales Hidroeléctricas de Nicaragua, Marcelo Conde, that financing of $1.110 billion, the cost of the works, is being secured with the Central American Bank for Economic Integration and the Banco Nacional de Desarrollo Económico Social de Brasil, and that construction will begin in the next few months.

Confirmation that Tumarín Hydropower Station Will be Built

February 2012

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.

Marcelo Conde, president of the company Centrales Hidroeléctricas de Nicaragua (CHN), dominated by Brazilian capital, said his company will start building the Tumarín hydroelectric station in February 2013, the start of the $1.1 billion investment project.

Tumarín Hydroelectric Project to Start in Nicaragua

October 2011

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

Constructing two camps to house staff and space for the machinery to be used in the project will form the basis of the preparation phase prior to the start of construction of the hydroelectric dam.

Brazilian companies will build hydroelectric plant in Nicaragua

August 2008

Two Brazilian companies will participate in the construction of an ambitious hydroelectric program in the northern part of Nicaragua

The hydroelectric project Tumarín, is expected to be fully functional by the end of 2012. The project will increase the percentage of hydroelectric energy that is produced in the country from 18 to 36%.

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