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Nicaragua Project Notice - Construction Of A 46 MW Thermoelectric Power Plant In The Volcán Cosigüina Field, Chinandega


Project Notice

PNR 29182
Project Name Construction of a 46 MW thermoelectric power plant in the Volcán Cosigüina field, Chinandega
Project Detail Construction of a 46 MW thermoelectric power plant in the Volcán Cosigüina field, Chinandega cost • US $ 189.6 M • This project is open to financing proposals for the phase of exploitation under the APP or PPA Contract modality. • Execution period 5 years with date of beginning of investment in 2021. Description • The project includes the construction and operation of a power plant of 46 MW. From a conceptual modeling of the geothermal field considering results of surface studies (geological, geochemical and geophysical) and drilling 3 well 3.5 inches in diameter with depths from 401 m to 1,000 m, the potential of 46 was determined MW at 90% probability for an exploitation period of 30 years. The The cost of the studies was US $ 3.7 million. • Feasibility studies valued at US $ 46.1 million have IDB financing (US $ 22.6 million), Climate Fund (US $ 17.0) million) and national counterpart (US $ 6.4 million). The studies contemplate the drilling of 5 wells of commercial diameter for confirm the resource, update the conceptual model and determine the Exploration phase drilling objectives [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 Inter-American Development Bank (IADB)
Sector Energy & Power
Country Nicaragua , Central America
Project Value NIO 189,600,000

Contact Information

Company Name Empresa Nicaragüense de Electricidad (ENEL)
Address Interseccion Pista Juan Pablo II Y Prolongacion Avenida Bolivar. Aptdo. 55 Telefonos : 227-4159 al 61 2277-4163 al 64
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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