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November 29, 2021

Chespi, Ecuador

By Carmen

Chespi is a 468MW hydro power project. It is planned on Guayllabamba river/basin in Pichincha, Ecuador. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2026.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Hydropower 468 468 Permitting Pichincha, Ecuador HidroEquinoccio EP


The project is being developed and currently owned by HidroEquinoccio EP.

The hydro reservoir capacity is planned to be 2.3 million cubic meter. The gross head of the project will be 278.5m. The penstock length will be 1,000m. The penstock diameter will be 4m. The project is expected to generate 2,000 GWh of electricity. The project cost is expected to be around $755m.

The hydro power project consists of 4 turbines, each with 117MW nameplate capacity.

Development Status

The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2026.


All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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