HidroAysén dam owner calls for indefinite hold on project

The board of Chilean utility company Colbún, a part owner of the HidroAysén dam project, has recommended indefinitely suspending the environmental assessment for the project’s transmission line, citing unclear government policy regarding energy.

”As long as there is no national policy that can count on broad consensus and provide the energy guidelines that this country needs, Colbun believes that the conditions to develop energy projects of this magnitude and complexity are not present,” Bernardo Larrain Matte, president of the board, writes in a letter to the Chilean regulatory commission.

President Sebastian Piñera released a new National Energy Strategy in February, which was heavily criticized for lacking in details.

Colbún, which owns 49% of the dam project, is, however, open to adapting the project and still…

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