Company name

Hidroabanico S.A.

Project number

EC2071A-01

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E&S category
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N/A

Country

Ecuador

Sector

Energy

Status

In implementation

Disclosed date

12/10/2004

Projected date at which a project will be put forward for the Board of Executive Directors’ approval.

Projected board date
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10/20/2004

Approval date

10/20/2004

Signed date

N/A

Sponsoring entity

N/A

Team leader

Barros, José Mauro

Investment type

Financing requested

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Syndicated amount

USD $ 7,000,000

Financing amount

USD $ 14,000,000

Currency

USD

Project scope and objective

The Hidroabanico project (the "Project") consists of building a mini hydroelectric power plant. Located near the town of Macas in the Amazon river basin, the plant will generate 14.88 MW of clean energy that will replace polluting energy and create jobs in an economically depressed area. This run-of-the-river plant will harness the flow of the Abanico River, so it will not be necessary to build a reservoir. Pelton turbines will be used, and the head will be nearly 350 meters. There will be a 468-meter penstock, with the pipe running down a 2.3-kilometer channel.


This project will help modernize power sector infrastructure and increase power generation capacity in Ecuador.

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Environmental and social review

IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. Any gaps with respect to the IDB Invest Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) provided below.

ENVIRONMENTAL AND SOCIAL REVIEW

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Contact information

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Client Contact

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POSITION

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PHONE NUMBER

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EMAIL

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IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

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COUNTRY OFFICES

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