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The OPEC Fund
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  2. Ventanas-Garita Hydroelectric Project

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Ventanas-Garita Hydroelectric Project

Costa Rica

Borrower Costa Rica
Financing Type Public Sector
Instrument Project Loan
Focus Area Energy
Approved 19.09.1981
Signed 19.10.1981
Status Completed
Loan Administrator IADB
Executing Agency Instituto Costarricense de Electricidad (ICE)
Co-financiers IADB, ICE
OPEC Fund Contribution (US$m) 13.40
Total Project Cost (US$m) 204.70

The project will utilize water from the Virilla and Circuels Rivers. The works consist mainly of construction of a concrete gravity diversion dam across the river, conducting tunnels, spillways, surge tank, penstock, powerhouse and related transmission lines. Two 45MW electric alternators will be installed in the powerhouse for a total installed capacity of 96MW.

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