HomeArchiveCosta Rica to Begin Construction on Hydro Project

Costa Rica to Begin Construction on Hydro Project

Work is expected to get underway this year on a huge hydroelectric power plant in the Southern Zone that could become the biggest in the region.

The Diquís project, between the rural southern communities of Buenos Aires and Pérez Zeledón, could generate 631 megawatts of electricity, making it the most powerful hydro plant in Central America, the Costa Rican Electricity Institute (ICE) said.

Currently, the region’s largest hydroelectric  unit is in El Cajón, Honduras, which generates almost 300 mw. Costa Rica’s biggest, the Angostura plant, near Turrialba, east of San José, cranks out 177 mw.

Following nationwide blackouts in April 2007, ICE said Costa Rica needs an additional 200 mw of capacity to meet demand.

The country depends on hydropower for 80 percent of its energy production. ICE Executive President Pedro Quirós said the Diquís plant’s potential would match a third of all the energy Costa Rica generates, which is about 2,000 mw, and would guarantee sufficient electricity for the country.

The water plant, however, would not be ready to roll until 2016.

Quirós said it will cost about $1.9 billion, making it the largest government expenditure in Costa Rican history and would require big investors.

The ICE chief said he has presented the project at investment forums in such countries as Singapore.

The project could still face some snags. The Diquís plant would require a 55- square-kilometer reservoir, part of which would inundate a space that is home to 1,100 people, including some 36 indigenous families.

 

Trending Now

Have a US Visa Appointment Wednesday? The Embassy Will Be Closed

The US Embassy and visa section in San José close Nov. 11 for Veterans Day and reopen Thursday.

Kilos of Marijuana Seized Off Costa Rica’s Border With Panama

Costa Rica's Coast Guard intercepted a speedboat carrying 2,648 packages of marijuana in the South Pacific this week in an operation coordinated with the...

Santa Cruz, Home to Tamarindo, Leads Guanacaste in Murders and Car Break-Ins

Santa Cruz has 22 of Guanacaste's 75 homicides this year, with Tamarindo on top. OIJ detained 10, including two police officers.

El Refugio Costa Ballena: Making a Difference for Animals and the Community

From rescuing animals in need to providing affordable spay/neuter surgeries and supporting community members’ loving pets, one local nonprofit is changing the lives of...

Costa Rica’s Dollar Slides Back Toward Its Record Low

The dollar closed Tuesday at 448.43 colones on Monex, 1.63 colones above its all-time low.

Diesel Up 17% as Costa Rica Prices Rise for a Second Straight Month

Costa Rica's cost of living is climbing again. Consumer prices rose 0.39% in October, and the year-on-year rate reached 0.55%, the second straight month...

Your $1,000 Now Buys 46,810 Fewer Colones Than in January

The US dollar slipped again in Costa Rica this week, leaving anyone who earns in dollars and spends in colones with noticeably less buying...

Women in Costa Rica Can Now Choose a Female Uber Driver

Women in Costa Rica can now request a female Uber driver. Here is how Uber Mujeres works.

ATP Finals 2026 Set for Turin Without Sinner as Four Newcomers Join Field

The 2026 ATP Finals will begin Sunday, November 15, with a different look from recent years. World No. 1 Alexander Zverev leads an eight-player...
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel