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Empresa de Generación Huanza S.A. (EMGHUANZA)
is proposing to finance, construct, own
and operate the Huanza Hydroelectric
Project, a 90.6 MW run-of-river facility
located some 130 kms from Lima, the
capital city of Peru. The Project develops
the upper reach of the Pallca River basin,
located in the Department of Lima in Peru.
Huanza captures water from an existing
transandean diversion tunnel that flows
into the Pallca River, the water from the
Pallca River and the water from the Conay
River. The Project benefits from water
released from Marcapomacocha system of
lakes, which is the principal source of
potable water supply for the city of Lima.
Marcapomacocha gathers water from the
eastern side of the Andes and has multi-annual
storage.
The primary objective of the Huanza
Hydroelectric Project is to provide
additional capacity to the Peruvian
electric system. In addition, the Project
contributes to the goals of the Peruvian
Government to accomplish a 90%
electrification rate for the country by
the year 2010. The Huanza Project has been
made a priority for investment by the
Peruvian government and is part of the
Business and State Investment Plan
2000-2005.
The Huanza Project is well on its way to
receive final clearances necessary to
begin construction. The Definite
Generation Concession, the Temporary
Interconnection Concession, as well as the
Water Rights have already been obtained.
Construction is scheduled to start in late
2002 and commercial operation is expected
for early 2005.
Electricity from the Project will be sold
on the Peruvian spot market, operated by
the Committee for Economic Operation of
the System - COES (Comité de Operación
Económica del Sistema). Payments on the
spot market are made for firm capacity and
on- and off-peak energy. The peak period
is defined as the five-hour period from
18:00 to 23:00 hours, six days per week. |
