Weekly Report - 18 July 2013 (WR-13-28)
TRACKING TRENDS
NICARAGUA | Construction to begin on delayed Tumarín project. On 13 July Roberto Abreu, the general manager of Centrales Hidroeléctricas de Nicaragua (CHN), a subsidiary of Brazil’s state electricity company Eletrobras and Brazilian private company Queiroz Galvão, announced that construction of Nicaragua’s biggest hydroelectric project, Tumarín, would begin in October, once the rainy season is over. According to the government mouthpiece, el19digital, the US$1.1bn dam, which will be built in the South Atlantic Autonomous Region (RAAS) is expected to have an eventual capacity of 253MW.
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