china-three-gorges-shortlisted-for-colombia-hep-project

China Three Gorges short-listed for Colombia HEP project

China Three Gorges extends the country's global ambitions with a bid to export infrastructure expertise to Latin America.

Two Asian groups have pre-qualified to bid for Colombia's biggest-ever energy project, further demonstrating the region's, and especially China's, ambitions when it comes to investments in other emerging markets. 

China Three Gorges Corporation and a consortium of six Korean companies led by Korea Electric Power join four Brazilian firms and Colombia's own Empresas Públicas de Medellín on a shortlist for the $2.3 billion construction of the 2,400 megawatt Ituango hydroelectric power station, which is located 170 kilometres north of Medellín, Colombia's second-largest city. The winner will be revealed in May.

The first phase of the project is scheduled to be delivered by 2018. When completed it will account for nearly 18% of the...

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