(SeeNews) - Nov 5, 2014 - Guatemala and Mexico are discussing the possible construction of a jointly-owned hydroelectric power plant (HPP) of 2,000 MW on their common border, on the Usumacinta river, the Guatemalan government said Tuesday.
The countries will share the investment, each owning 1,000 MW of the capacity.
The project dates back to the 1970s and 1980s when there was strong opposition due to concerns about the flooded areas at the dam. According to Guatemala's government, with modern technology the plant could be built without reservoirs and risks for the local population.
The project was discussed during a meeting in Guatemala between president Otto Perez Molina and Mexico's energy minister, Pedro Coldwell.