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January 5, 2022

Olmos, Peru

By Carmen

Olmos is a 51MW hydro power project. It is planned on Huancabamba river/basin in Lambayeque, Peru. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2024 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 51 51 Permitting Lambayeque, Peru Sindicato Energetico

Description

The project is being developed and currently owned by Sindicato Energetico.

The gross head and net head of the project will be 403.5m and 393.5m respectively. The penstock length will be 900m. The project is expected to generate 303 GWh of electricity. The project cost is expected to be around $91.3m.

The hydro power project consists of 2 turbines, each with 25.5MW nameplate capacity.

The project will have 2 electric generators installed at the project site. The generator capacity is likely to be 30 MVA.

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Development Status

The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2026.

Contractors Involved

H2Olmos is expected to perform operations and maintenance for the hydro power project for a period of 25 years.

About Sindicato Energetico

Sindicato Energetico S.A. is a renewable energy company based in Peru. It owns and operates the Poechos I Hydro Power Project in North Western Peruvian Department Of Piura.

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.

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