LA PAZ – President Evo Morales was on hand over the weekend for the arrival of a convoy of trucks hauling equipment for the 160 MW thermoelectric power plant that Bolivia is building on the border with Argentina.
Morales traveled Sunday to a town in eastern Bolivia to inspect the Swedish-made equipment.
State-owned power company ENDE is building the $120 million power plant in Yacuiba, a border town in southern Bolivia.
The work on Planta Termoelectrica del Sur is about 25 percent finished, with completion of the power plant scheduled for 2014.
The power plant will generate electricity to meet domestic demand, which is growing by nearly 80 MW a year.
Bolivia produces more than 1,100 MW annually of electricity, but supply is barely keeping up with demand, leading to power outages in different regions.
A similar power plant is already operating in Entre Rios, an area in the central province of Cochabamba, while a 200 MW power plant is planned for Warnes, a town in the eastern province of Santa Cruz.
State-owned companies are building the power plants with financing provided by the Central Bank. EFE