Colombia Epsa Develops 300 MW Power Projects

Colombian power company Empresa de Energia del Pacifico SA (Epsa) is developing five electricity projects that will add 300 MW to its installed capacity over the next two years, local daily La Republica reported on August 11, 2008.

The projects include a 20 MW plant on the Amaime river and the 20 MW plants Tulua I and Tulua II.

Epsa also plans to develop the 60 MW Cucuana project in the western department of Tolima, projecting to start its construction in January 2009.

The fifth project is Miel II, on which Epsa is currently conducting environmental studies. The construction is expected to kick off in the first quarter of 2009. Epsa holds 65 pct in this project.

The company targets to boost its present capacity by 500 MW for 2012 and does not exclude the possibility to seek stakes in local power generating companies, which will help it fulfill its targets for growth.

Publication: Business Digest
Provider: AII Data Processing Ltd.
Date: August 11, 2008