Bolivia to invest 108 million dollars in rural electrification
La Paz, Feb 16 (Prensa Latina) The Government of Bolivia guarantees an investment of 108 million dollars to expand and improve the coverage of electricity services in rural areas of the country.
President Luis Arce asked to solve the problem of access to electricity soon, explained the Deputy Minister of Electricity and Alternative Energies, Jose Maria Romay, in an institutional bulletin quoted by the El Deber diary on Tuesday.
'Not only will we reach families for home use, but it will also be directed towards productive purposes,' said the Minister, who assured that they will try to impact the most remote places until reaching 100 percent coverage in 2025.
Power services in rural areas reached 83 percent during the government of former president Evo Morales (2006-2019), through the Electricity Program for Living with Dignity and the National Electricity Company, Romay explained.
The program is financed by the Inter-American Development Bank, the German State Development Bank and Fonplata (a subregional development bank made up of Argentina, Bolivia, Brazil, Paraguay and Uruguay), the Minister stated.
As he specified, the amount allocated will allow reaching approximately 40,000 families, with schools and health posts, among other social infrastructure included within the productive sector.
Romay revealed on Monday that Bolivia will increase the country's power generation capacity to more than 3,500 megawatts (MW) after the start-up of three wind farms in the department of Santa Cruz by July. The domestic demand for electricity amounts to 1,600 MW, for which Bolivia will increase its reserves and have the capability to export hydrocarbons to the international market.
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