El Carmen is a 100MW hydro power project. It is planned on Rio Grande de Matagalpa river/basin in Matagalpa, Nicaragua. The project is currently in announced stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2022.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Hydropower | 100 | – | 100 | Announced | Matagalpa, Nicaragua | Aguas El Carmen; Empresa Nicaraguense de Electricidad |
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Description
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The project is being developed and currently owned by Aguas El Carmen and Empresa Nicaraguense de Electricidad. The company’s ownership stake in the project stands as 10% respectively.
The project is expected to generate 461.32 GWh of electricity. The project cost is expected to be around $330m.
The hydro power project consists of 2 turbines, each with 50MW nameplate capacity.
The project has 2 electric generators that will be installed at the project site.
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By GlobalDataDevelopment Status
Post completion of the construction, the project is expected to get commissioned in 2022.
Methodology
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.
