Brazil MPX Energia Expands Castilla TPP Project in Chile

Brazilian energy firm MPX Energia expanded its project for the construction of the Castilla coal-fired thermoelectric power plant (TPP) in Chile to 2,100 MW, the director of MPX in Chile, Luis Hormazabal, said, as reported on September 7, 2008.

Thus, the total investment in Castilla would reach $4.5 bln (3.109 bln euro).

Initially, the project contemplated the installation of an installed capacity of 1,400 MW in Punta Cachos, northern Atacama region, with the first generators due to kick off in 2012.

With the expansion, Castilla will be developed in three stages of 700 MW over the next 10 years.

This is the second largest electricity project in Chile after the 2,750 MW hydroelectric project HidroAysen of the local power producers Endesa Chile and Colbun.

Publication: Business Digest
Provider: AII Data Processing Ltd.
Date: September 8, 2008