Saturday, 17 April 2021 07:30 GMT

China's Sinohydro, Bolivia sign a deal to build hydroelectric plant


( MENAFN ) China's Sinohydro signed a deal with Bolivia's Corani Electric Company in order to build a hydroelectric plant in Cochabamba department's city of San Jose, Xinhua reporte



According to the National Interconnected System (SIN), the plant is expected to produce an additional 124 megawatts for the national power gri



The whole project will be developed in three stages through 2018, with an estimated investment of USD235 million, Bolivia's President sai



"Thanks to this new hydroelectric plant, Cochabamba will continue to be Bolivia's No. 1 generator of energy," he added


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