EGE-HID uses US$19.5 million at Jiguey

[NewsWhore]

The Odebrecht and CPBO companies will be using some US$19.5 million to repair and restore the Jiguey Hydro-Electric Complex to its former level of performance. The work will take about nine months, according to El Nuevo Diario and includes both the civil engineering part of the structure as well as the electro-mechanical aspects of the complex. The unit will be able to supply electricity to the national grid within six months, according to Victor Ventura Hernandez, the administrator of the Hydro-Electric Generation Company (part of the CDEEE). The Jiguey Dam and Hydro-Electric Station is located in San Cristobal province in the municipality of Los Cacaos. According to Ventura Hernandez, the work consists of the construction of a discharge tunnel for the two units and the completion of the repairs to the Number 2 Turbine, which has been out of service since tropical storms Olga and Noel hit the area in November 2007. The US$19.5 million is being covered with some of Ege-Hid's own resources as well as a line of credit from the Banco de Reservas. The Jiguey Power Station is expected to produce 96 megawatts of power when it is fully refurbished

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