Misicuni Renewable Energy Hydroelectric Project

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The objective of the Misicuni Multiple Project (MMP) is to supply drinking and irrigation water to the Cochabamba Valley, while generating electricity for the National Interconnected Syste,, using water from the Misicuni River watershed. The specific objective of the Misicuni Renewable Energy Hydroelectric Project (MHP), which is part of the MMP, is to add 80 MW of installed power generation capacity to the NIS and produce 217 GWh of electricity annually. The IDB will provide financing for the MHP, which will help: (i) expand the installed power generation capacity of the NIS to meet the growing need for electricity, especially during peak-demand hours; (ii) improve the energy matrix by increasing the share of renewable energy; and (iii) reduce subsidies to the sector and free up natural gas for export. The project has two components, one for the infrastructure works and the other to cover engineering, supervision, environmental and social mitigation, and other indirect costs.