Weekly Report - 15 September 2016 (WR-16-36)

BOLIVIA | BCB to finance hydroelectric plant project. Bolivia’s hydrocarbons & energy ministry, the national electricity company (Ende), and the country’s central bank (BCB), signed a US$550m loan agreement for the building of a new 300MW hydroelectric project at an event in Cochabamba department on 12 September. President Evo Morales, who attended the event, said that the ‘Ivirizu’ project would be funded with a credit line offered by the BCB. Morales added that the project, located in the municipality of Totora, would complement the 480MW thermoelectric plant already operating in Cochabamba, taking total electricity generation in the department to 700MW.

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