August 29, 2008

Codelco Awaiting Environmental Permits for $1.7 Billion Thermoelectric Plant to Supply Mining Divisions, an Industrial Info News Alert

Researched by Industrial Info Resources (Sugar Land, Texas) -- Chile's Codelco, the world's largest copper producer, recently submitted an environmental impact study for a $1.7 billion power plant to supply electricity to its four mining divisions: Codelco Northern, El Salvador, Andina and El Teniente, located in northern and central Chile. The Central Termoelectrica Energia Minera project includes the construction of a thermoelectric power plant that would run on three 350-megawatt turbines and be connected to Chile's central grid. Officials have said that Codelco plans to launch an international tender for the plant's construction in the first quarter of 2009.

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SOURCE: Industrial Info Resources