Tender: Procurement Begins For Large-Scale Bolivia Hydro

Bolivian energy authorities launched bidding to advance development of a hydroelectric project in Cochabamba department that will have an installed capacity of almost 300MW. The plant would be located in Carrasco province with a projected inauguration scheduled in 2020. The government wants to make Bolivia an exporter of surplus energy, with about 70% of the country's power supply to come from hydroelectric sources by 2025.

Earlier this year, Bolivia's legislative assembly approved a bill that declares of national interest and priority development of the Ivirizu hydroelectric project in Cochabamba department.

In September, Bolivia's President Evo Morales presided over the signing of a contract for US$550mn between central bank BCB and state power company Ende to finance construction of the project.