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Termodorada Power Plant

Sector: Manufacturing (Industrial) • Location: Caldas, Colombia

Source: World Bank Group

Project
Concluded

This is a 50-MW gas-fired power plant in Caldas state, with gas from state-onwed enterprise Ecopetrol. Termoelectrica de La Dorada is owned by the Colombia firm I.C. Industries SA (70%) and the state-owned utility Central Hidroelectrica de Caldas SA (30%). The total cost of the project was $41.93 million. The total electricity produced by this power plant is sold under a 15-year power purchase agr

Status
Closed
Sector
Manufacturing (Industrial), Power Generation (CCGT), Power Transmission, Natural Gas, Commercial, Government
Location
Caldas, Colombia
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “Termodorada Power Plant” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Caldas, Colombia. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

concluded

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

This is a 50-MW gas-fired power plant in Caldas state, with gas from state-onwed enterprise Ecopetrol. Termoelectrica de La Dorada is owned by the Colombia firm I.C. Industries SA (70%) and the state-owned utility Central Hidroelectrica de Caldas SA (30%). The total cost of the project was $41.93 million. The total electricity produced by this power plant is sold under a 15-year power purchase agreement (PPA) to CHEC, the local state-owned utility. In 1996, the IAIC approved US$ 4.9 million in loan and US$ 20 million in syndication for Termodorada. The project company ceased operations in September 2012.

Original sector

Energy

Budget

Location

Country

Colombia

State

Caldas

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Manufacturing (Industrial), Power Generation (CCGT), Power Transmission, Natural Gas, Commercial, Government

Article published date

2024-05-27

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