LA PAZ – The Bolivian government signed a $500,000 contract on Monday with Spain’s Enactiv, which will design a 6 MW hydroelectric power plant in the southern province of Tarija, the official ABI news agency reported.
President Evo Morales attended the signing ceremony in Tarija, which is located on the border with Argentina.
The contract was signed by a representative of Bolivian state-owned electric utility Ende, Eduardo Paz, and Enactiv executive Jordi Castro.
The design for the plant in Huacata is to be completed in 10 months, Hydrocarbons and Energy Minister Luis Sanchez said.
The Huacata power project in southern Bolivia is small, but it is part of the Morales administration’s plan to turn the Andean nation into the “energy heart” of the Southern Cone, exporting electricity to neighboring countries, officials said.
The Huacata hydroelectric power plant is expected to be built in 2017 and go online in early 2018.
Bolivia currently has a generating capacity of 1,850 MW and electricity demand of 1,300 MW.
The Morales administration has set a goal of having 6,000 MW of generating capacity by 2025, with half of the electricity going to the domestic market and the rest being exported.