Banda Azul is a 147MW hydro power project. It is planned on Paracti river/basin in Cochabamba, Bolivia. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Hydropower | 147 | – | 147 | Permitting | Cochabamba, Bolivia | Empresa Electrica Corani |
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Description
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The project is being developed and currently owned by Empresa Electrica Corani.
The gross head of the project will be 350m. The project is expected to generate 563.7 GWh of electricity. The project cost is expected to be around $300m.
The hydro power project consists of 2 units of francis turbines.
Development Status
Post completion of the construction, the project is expected to get commissioned in 2024.
About Empresa Electrica Corani
Empresa Electrica Corani SA (Empresa Electrica), a subsidiary of Empresa Nacional de Electricidad Bolivia, is a renewable energy company that develops and operates hydroelectric power plants and wind farms. The company offers operation and maintenance, project development, and technical services. It owns and operates Corani hydroelectric plant, Santa Isabel hydroelectric plant, and Qollpana wind farm. Empresa Electrica’s projects include Saint Joseph Hydroelectric Project, Blue Band Hydroelectric Project, Ragweed Hydroelectric Project, Saint Barbara Hydroelectric Project, Villa Jorka Hydroelectric Project, Santa Rosa Hydroelectric Project, Rositas Hydroelectric Project, Warnes Wind Project, Saint Julian Wind Project, The Golden Wind Project, The Ventolera Wind Project, and others. The company has operations throughout Bolivia. Empresa Electrica is headquartered in Cochabamba, Bolivia
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
