A UK power company that operates in Latin America has been granted an exclusive right to develop a new project in Peru.
Rurelec will build a 120MW gas-fired power plant on an isolated field in the Amazonian region of Northern Peru. It will be located close to the city of Tarapoto where there are currently power constraints, the company claims.
The power firm is now working on initial design and engineering work, following the agreement with Peru Oil and Gas Exploration Limited.
Peter Earl, CEO of Rurelec said: “This is yet another step towards building a diversified portfolio of power capacity to replace the power plants nationalised in Bolivia in 2010.”
Last month the Government of Peru announced plans to power more than two million households in the country.