Bolivian president Evo Moralez has given the green light for the final design studies of two hydropower plants, in La Paz department: the 3,251-MW El Chepete and the 425-MW (whose previously-announced power was 1,600MW) El Bala stations.
The Italian environmental engineering company Geodata will sign the pre-investment work, for a $15-million-worth contract that will make the 15-month work begin.
The total investment is of $6 millions, and it will take six years to complete the two facilities.
Recently, the Bolivian government announced it was moving forward with development of the 254-MW Ivirizu hydropower plant.
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