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Nicaragua hydro plant to cost $1.2 billion

Monday, May 18, 2015


 

Tumarín, the hydro plant that is to generate half of Nicaragua’s current electricity, will come on stream in 2018.

The plant is being built by a joint venture of two Brazilian companies, the state-owned Eletrobras and Queiroz Galvão, which is privately owned.

The project is expected to cost $1.2 billion.

Full story in Spanish