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30 July - 5 August 2012 - orsam

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Chinese Firm to Conduct Feasibility Study of Bolivian Hydropower Plant<br />

LA PAZ (Fox News Latino) — Bolivia signed a memorandum of understanding with Hydrochina<br />

Corporation that calls for the Chinese state-owned firm to conduct a free feasibility study for the<br />

construction of a hydroelectric power plant in the eastern province of Santa Cruz, the Andean nation's<br />

richest region, the Hydrocarbons and Energy Ministry said. The memorandum was signed Friday<br />

night by Hydrocarbons and Energy Minister Juan Jose Sosa and Hydrochina Corporation<br />

representatives in the presence of Chinese Ambassador to Bolivia Li Dong, the ministry said in a<br />

statement. The document calls for Hydrochina to provide the feasibility study to the Bolivian<br />

government on the Rositas hydroelectric power project in Santa Cruz within 90 days "at no<br />

charge." If Bolivia accepts the study, Hydrochina would design and build the power plant, which the<br />

Bolivian government says would have an installed generating capacity of 400 MW. Failure to submit<br />

the feasibility study within the timeframe established in the memorandum would void the agreement,<br />

the ministry said.<br />

―Chinese Firm to Conduct Feasibility Study of Bolivian Hydropower Plant‖, <strong>30</strong>/07/<strong>2012</strong>, online at:<br />

http://www.ooskanews.com/daily-water-briefing/chinese-firm-conduct-feasibility-study-bolivian-hydropowerplant_23626<br />

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