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Japan’s JICA to fund Laguna Colorado project in Bolivia

Laguna Colorada, Bolivia (source: flickr/ rewbs.soal, creative commons)
Francisco Rojas 7 May 2014

JICA (Japan International Cooperation Agency) and the Bolivian Government have agreed to build a geothermal plant in Laguna Colorada.

According to BN Americas News Section the Bolivian Government has signed an agreement with the Japan International Cooperation Agency JICA for the construction of the Laguna Colorada geothermal power plant, according to state news outlet ABI. In the deal, JICA will add $25 million for the construction of said plant.

The same source informs that, it ill be located in the Sol de Mañana geothermal field in Bolivia’s Potosí department and will be completed and operational by 2019. Laguna Colorada is expected to increase 50MW to the national grid while Bolivia’s current annual power demand is put at 1,350MW.

Source: BN Americas Website