The sum includes that the annual budget item must meet the costs and amortizations corresponding to the recent IDB loan.
He Executive power will allocate 700 million pesos for the Salto Grande Joint Technical Commissionafter it requested a commission for administration from the National Administration of Power Plants and Electric Transmissions ( UTE).
Last Monday, the President of the Republic Luis Lacalle Pou signed the resolution which also has the signature of the holders of the Ministry of Economy and Finance (MEF), Ministry of Industry, Energy and Mining (MIEM) and the Ministry of Foreign Affairs (MRREE).
The funds will be allocated to administration, investment, maintenance and operations expenses in the binational hydroelectric complex, in addition to amortization and costs and interest associated with the loan with the Inter-American Development Bank (IDB), signed on March 19, 2024.
The Uruguayan State’s contribution to cover the annual budget of Salto Grande is integrated by means of a budget item, plus the aforementioned Commission for UTE Administration.
The three stages of IDB investment in Salto Grande
The IDB will invest a total of 1.105 billion dollars in a renovation project that seeks to strengthen the Salto Grande hydroelectric complex and that has three stages, ending in 2045. To date, the work carried out on the stage one included the renovation of the cranes, the evacuation, electrical and mechanical, and fire fighting systems, as well as the control of the electrical complex and coastal erosion mitigation works on both sides of the river. Uruguay River.
In the stage twowhich will take place between 2024-2034, the effort will focus on the modernization of the four substations, with the aim of optimizing international interconnection. In turn, the stage three (2035-2045) will involve the restoration of the main equipment of the 14 hydrogen generating units of the hydroelectric plant to bring them to their optimal operating conditions and reliability for the next 30 years.
Source: Ambito
