Chile: HidroAysen issues CSR Data on studies for five plants in Chile

The HidroAysen venture issued the data on its corporate and social responsibility (CSR) studies for its proposed five hydropower projects in Chile that would have combined installed capacity of 2,750MW. More than USD 6 Million was spend on the CSR studies by HidroAysen, which is a joint venture of two leading energy companies in the country – Endesa Chile (51%) and Colbun (49%).

The studies were undertaken over 2006-7 and approximately 187,000 hours of work were investigated in the research undertaken by 370 specialists to investigate socio-environmental and economic issues. Public review of the information, data and methodology will be possible at a series of centres already set up for public consultation on the scheme.

HidroAysen hopes to commence the procurement process from 2009 and construction is targeted to be completed eight years later. The overall scheme consists of five plants on two rivers two on the Baker river and three on the Pascua river with annual average electricity production of 18,430GWh. All five schemes would require reservoirs to be built.

Publication: Euclid Infotech - Utilities News
Provider: Euclid Infotech
Date: January 17, 2008