The financing was granted to Uruguay and Argentina with the objective of carrying out renovation works at the plant.
Photo: saltogrande.org
He Executive power approved by decree the agreement for the Conditional Line of Credit for Investment Projects of up to 800 million dollars granted by the Inter-American Development Bank (IDB) for what Uruguay y Argentina, in equal parts, face the process of renewal of the central Big Jump.
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The international organization will have this amount for the Renewal and Modernization project of the Binational Hydroelectric Complex Big jump, which will be undertaken in three stages to “extend the useful life” and improve its “operation, production, transmission, efficiency and safety capacity,” according to the government.
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The first tranche of improvements began in 2019, involved an investment of 80 million dollars and would end this year, thus beginning the second stage, which will take place until 2033, with an investment of 275 million dollars.
Finally, between 2025 and 2045 the last stage will be carried out, with the investment of 600 million dollars invested to restore the turbines and generators.
The objective of advancing decarbonization
He BID had authorized the operation in June 2023, with the aim of contributing to the decarbonization of the interconnected electrical system and regional sustainable development, through works at CHSG that contribute to “guaranteeing the reliability and availability of the hydroelectric complex, extending its useful life and its environmental and social sustainability.”
According to the agency’s estimates, the project will benefit more than 17 million users of the interconnected electrical systems of Argentina and Uruguay, while the populations of Leap and Concord They will benefit from the coastal protection works in the public spaces to be intervened.
It is worth noting that the Salto Grande complex was the first binational project in the region, which kicked off the process of integration of electrical systems in the Southern Cone.
2024-01-17 01:08:45
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