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Nicaragua Project Notice - Construction Of Geothermal Volcano Casitas-San Cristóbal In Chinandega


Project Notice

PNR 29181
Project Name Construction of geothermal volcano Casitas-San Cristóbal in Chinandega
Project Detail cost • US $ 158.5 M • This project is open to financing proposals for its execution. The company Cerro Colorado Power, S. A. (CCP) has of exploitation concession in the field. • Execution period 5 years with start date of investment in 2021 Description • The project includes the construction and operation of a power plant 35 MW. From a conceptual modeling of the geothermal field considering results of superficial studies (geological, geochemical and geophysical) and small diameter well drilling At 842 m depth, the potential of 122 MW at 90% was determined of probability for a period of exploitation of 25 years. • IDA- World Bank Group finances the feasibility studies for a cost of US $ 40.5 million that will begin in the second semester of 2018 executed by ENEL. The studies contemplate the drilling of 5 wells of commercial diameter from 2,000 to 2,500 m deep to confirm the resource, update the conceptual model and Determine the objectives of exploitation phase drilling. [Disclaimer: The Above text is machine translated in English from Original Language of Project Document. For accuracy of content of Project please Refer the Original Project Notice link or in original Language Project Notice as per below] http://www.enatrel.gob.ni/wp-content/uploads/2019/01/Politicas_y_proyectos_nacionales_para_potenciar_la_inversion_en_Nicaragua.pdf http://www.enatrel.gob.ni/wp-content/uploads/2019/01/Anexos-_Politicas_y_proyectos_nacionales_para_potenciar_la_inversion_en_Nicaragua.pdf
Funded By Other Funding Agencies
Sector Energy & Power
Country Nicaragua , Central America
Project Value NIO 158,500,000

Contact Information

Company Name Cerro Colorado Power S.A.
Address Oficina Plaza El Retiro, Edificio 7, Managua, Managua, Nicaragua Company Type Owner/Operator Phone 505-2-2780515, 505-2-2547647 Fax 505-2-2780543
Web Site http://www.enatrel.gob.ni/wp-content/uploads/2019/01/Anexos-_Politicas_y_proyectos_nacionales_para_potenciar_la_inversion_en_Nicaragua.pdf

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