Colombia's EPM awards contract worth $254 million for Hidroituango dam
Reuters
Published Oct 11, 2023 03:28PM ET
BOGOTA (Reuters) - Colombian company Empresas Publicas de Medellin (EPM) has awarded a contract worth 1.075 trillion pesos ($254 million) to a Colombian-Chinese consortium to finish civil engineering projects at the Hidroituango dam, it said on Wednesday.
The consortium is made up of companies including Yellow (OTC:YELLQ) River Co, LTD Sucursal Colombia and Schrader Camargo S.A.S, EPM said in a statement.
Construction of the 2,400-megawatt Hidroituango dam began in 2010 in Antioquia province, but in April 2018 part of the infrastructure collapsed, forcing evacuation of thousands of people and delaying the project's completion.
($1 = 4,231.97 Colombian pesos)
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Written By: Reuters
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