Hidroituango would start operations only in 2023

Company News, Regulation & Policy    May 13, 2021 4:53 PM

An external audit contracted by XM said that the entry into operation of Hidroituango would be in September 2023.

Cecilia Inés Maya, XM’s Energy Market Manager, explained that the mega-project, according to the audit, would enter operation on September 10, 2023, Portafolio reported.

The expert said that there are great challenges in environmental issues, such as authorizations from the National Environmental Licensing Authority (ANLA) that could delay energy delivery to the system even more.

The environmental entity “has not officially received the technical study requested”, and which is part of the preventive measure issued by the environmental authority in Resolution 820 of June 1, 2018.

Maya said that there is no certainty about the final date on which ANLA will rule on the mega-project.

EPM representatives explained that the firm POYRY, in charge of the audit, requested an extension of the deadline until July 31st for its delivery to incorporate complementary results on issues related to the modeling of the dam and the seismic threat update study.

They insisted that the mega-project will go into operation in 2022.

Bottom-Line: Hidroituango continues to generate more doubts than tranquility, and the entry into operation is a mystery.

EPM has to overcome many challenges to advance in this project, and now protests of communities close to the project are added to the mix.

The company must speed up the delivery of technical studies, considering that ANLA is not characterized by speed in its decision processes.

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