Hydroproject
Ecuador plans to invest 3 billion US dollars to build hydropower station
Seetao 2022-01-26 14:47
  • Ecuador will push for major water projects to drastically reduce the country's carbon emissions
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As the basic social security, the construction of water conservancy projects is very important to build perfect water conservancy facilities. On January 21, 2022, the National Electricity Company of Ecuador announced that it will build the largest in the country's history (with an installed capacity of 2.4 million kilowatts and 8 units to be installed) in Santiago-Morona Province in the southeast of Ecuador through public bidding for franchise rights. Turbine generator set, the total investment is about 3 billion US dollars, the construction period is 6 years, and the annual power generation after completion is expected to exceed 14.5 billion kWh) - San Diego Hydropower Station, the franchise includes financing, design, construction, management, operation and maintenance, etc. , with a term of 30 years.

Ecuador mainly relies on coal-fired power generation, but actively develops hydropower, aiming to increase the proportion of hydropower to 35% through new hydropower projects, which will significantly reduce the country's carbon emissions.

Ecuador had previously hoped to strengthen cooperation with China in energy, technology, agriculture, infrastructure construction and other fields, so as to better participate in the development process of China's economy and achieve mutual economic benefits between the two countries. Editor / Xu Shengpeng


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