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Latest News in Peru / Archive
Mining/Energy | 3 September, 2009 [ 11:43 ]
Calidda will invest US $60 millions in expanding coverage in Lima and Callao
LivinginPeru.com
Isabel Guerra
Peruvian natural gas company Calidda will invest US$ 60 millions in the expansion of the natural gas distribution network in Lima and Callao, according to Ernesto Cordova, its General Manager.
"We expect to expand the service from 255 millions cubic feet per day to 420 million cubic feet. That's what the Ministry of Finance has authorized; this will require an investment of approximately US $60 million dollars,” said Cordova.
He added that, if approved this month, the expansion project would begin faster and would be completed during the first quarter of 2011.
Reportedly, the company plans to invest about US $260 million dollars in Peru during the next few years.
Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.
Isabel Guerra
Peruvian natural gas company Calidda will invest US$ 60 millions in the expansion of the natural gas distribution network in Lima and Callao, according to Ernesto Cordova, its General Manager. "We expect to expand the service from 255 millions cubic feet per day to 420 million cubic feet. That's what the Ministry of Finance has authorized; this will require an investment of approximately US $60 million dollars,” said Cordova.
He added that, if approved this month, the expansion project would begin faster and would be completed during the first quarter of 2011.
Reportedly, the company plans to invest about US $260 million dollars in Peru during the next few years.
Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.
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