IDB approves funds for Acaray modernization

摘要

The Inter-American Development Bank (IDB) is to provide $125 million in financing for a project to modernize the Acaray hydroelectric power plant in Paraguay. The Acaray plant, the country's only 100% state-owned hydroelectric power plant, was built with IDB support and is almost 50 years old. The upgrade and modernization program will extend the facility's working life, boosting its availability, reliability and generating capacity. The program will finance the design, manufacture, delivery and installation of the plant's electrical and electro-mechanical infrastructure including two new turbines and generators, in addition to two transformers and the upgrading of the high- medium-, and low-voltage substation.