Panama starts 16 new hydroelectric projects

10:57, April 13, 2011      

Email | Print | Subscribe | Comments | Forum 

Panama has begun developing 16 hydroelectric projects with a total of investment of over 1 billion U.S. dollars to satisfy the surging domestic power demand, a senior official said Tuesday.

These private sector projects are expected to be completed by 2015 and add a 700-megawatt capacity to the power grid of the Central American country, said Zelmar Rodriguez, manager of the National Authority of Public Services (Asep).

"In the coming years an important contribution from the water resources will be added to the system," Rodriguez said.

Panama is facing a steadily increasing power demand due to its economic development. Asep has predicted that Panama's electricity demand is likely to grow about 7 percent in 2011.

"We are close to not being able to fulfil the demand," Rodriguez said.

Source: Xinhua
 
 
     
 
 
 
     
 
 
 
  Weekly review  
 
 
 
     
 
 

(Editor:燕勐)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • BRICS Leaders' Meeting 2011
  • Focus On China
Major headlines
Editor's Pick
  • Food relief centers set up in Benghazi, Libya
  • Humanitarian workers in action in troubled Cote d'Ivoire: UN spokesman
  • EU urges UN to authorize humanitarian military operation in Libya
  • AU says determined to reach cease-fire in Libya
  • Thousands of university students protest in Algeria: APS
  • Civilians killed in NATO strike: Libyan state TV
Most Popular
Hot Forum Dicussion