Friday, August 6, 2010

Olmos power component bidding timetable extended - Peru

Peru's Olmos hydro project (PEOT) has extended the bidding timetable to carry out the power generation component.
The deadline to purchase bidding rules is August 13, while the data room will remain open until September 16, according to a notice from PEOT.
Prequalification documents are due by August 16 with prequalifiers scheduled to be announced August 19. Offers are due September 17 and awarding slated for October 1.
The power component is due to take 3.5 years, with plant 1's price tag at US$90.6mn and US$98.4mn for plant 2. The plants will be built at the exit of a 20km tunnel which will transport water from the Limon dam, generating 2.39TWh/y. The tunnel is due to be ready in the second quarter of next year.

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