Bolivia planning start of project at Laguna Colorada in 2015
Deputy Minister of Electricity and Alternative Energy, Hortensia Jimenez said that the necessary measures to start in 2015 are in place and the funding has been secured with JICA
Deputy Minister of Electricity and Alternative Energy, Hortensia Jimenez, reported that it is expected to begin construction of the Geothermal Plant Laguna Colorada, in Potosi by 2015.
“This year we will able to close the financing, get credit and pass all laws that are required, hoping that next year we will start drilling the needed geothermal wells,” she told the media at the opening of the Solar Park Pando.
According to Jimenez, the tender for the construction of Geothermal Plant in Potosi will be published later this year or early next.
The Senate passed last August a loan contract that gives green light to funding for the construction of Geothermal Plant, and was signed between the Bolivian government and the International Cooperation Agency (JICA). See (ThinkGeoEnergy)
The adoption of this document was to the first phase of establishing a loan amount of up to 2.495 million yen, equivalent to 24.4 million.