logo

Capulin-San Pablo Hydro Power Plant

Sector: Commercial • Location: Puntarenas, Costa Rica

Source: World Bank Group

Project
Active

In March 2008, Hidrotarcoles S.A. was awarded the contract to build and operate a 50-MW hydro power plant located at the Tarcoles River (2x25MW Francis turbine generating units, with an annual average power generation of 205GWh).

A 20-year power purchase contract was signed with the state-owned electricity company ICE. After the contract expires, the power plant was set to be transferred to ICE's

Status
Prospective
Sector
Commercial, Wind, Hydro, Power Generation (CCGT), Government
Location
Puntarenas, Costa Rica
Updated
22 Jul 2026
Source
World Bank Group

ConstructChat

Ask ConstructChat about Capulin-San Pablo Hydro Power Plant

Pick a question to edit it, or write your own.

First answer free · no account

I am a

Project Information FAQ

Project Information

5 Q
The project “Capulin-San Pablo Hydro Power Plant” is an infrastructure initiative in the Commercial sector, located in Puntarenas, Costa Rica. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

In March 2008, Hidrotarcoles S.A. was awarded the contract to build and operate a 50-MW hydro power plant located at the Tarcoles River (2x25MW Francis turbine generating units, with an annual average power generation of 205GWh). A 20-year power purchase contract was signed with the state-owned electricity company ICE. After the contract expires, the power plant was set to be transferred to ICE's control. The contract was approved in July 2012. The EPC contract was signed with the Chinese company Hydrochina in September 2013. Operations were expected to commence in 2016. The investment was estimated at US$ 141 million. The state-owned bank Banco Nacional de Costa Rica granted a US$ 117 million to Hidrotarcoles S.A. to finance the project. The remaining costs were equity financed. Since the date the loan was granted was not available, the financial closure date was set as the date the EPC contract was signed.

Original sector

Energy

Budget

Location

Country

Costa Rica

State

Puntarenas

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Commercial, Wind, Hydro, Power Generation (CCGT), Government

Article published date

2024-05-22

More on this project

Research

Free account

View all details

You are reading the public part. A free account opens the rest:

  • Every detail on this project
  • News and media coverage
  • Technical research
View all details

Free account · no card · lands you back on this project