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Post by livinginmedellin on Jun 27, 2016 6:22:23 GMT -5
EPM's Guatape hydroelectric power plant is back at 100% capacity since Saturday. The plant generates about 4% of the country's electricity. Nearly two months ahead of schedule, EPM began to operate at 100 percent of its capacity to Guatape hydroelectric plant, after suffering a fire last February that prevented it from generating electricity energy. After turning the last generating units on this June 25, all eight generating units are operational, which gives the plant a capacity of 560 MW. "It was a strong commitment to EPM and the company worked together to give Colombia the news that the plant rebuilds 100 percent," said the manager of EPM, Jorge Londoño de la Cuesta. He also explained that a key factor in the process was the arrival in the country 30 kilometers of cables, accessories and tools, with an approximate weight of 800 tons. The costs had repair work, amounting to 200,000 million pesos, will be covered by the insurance company, including the purchase and importation. See (in Spanish): www.eltiempo.com/colombia/medellin/hidroelectrica-de-guatape-ya-funciona-al-100-por-ciento/16629554
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Post by Deleted on Jun 27, 2016 7:40:03 GMT -5
Colombia inflation is also beginning to run at capacity -- this month over 8%--
For those on a foreign retirement--etc.--ie: U.S. social security (this year it appears there will be a .02% -- not 2% -- increase) if one does the math-- even with the stronger dollar--in the past 2 years Colombia inflation alone has reduced the value of the dollar by 12-13% ---irrespective of the increased value of the dollar / peso
For those on a Colombia pension--Colombia matches real inflation to Colombia pensions--so at least equals out--
Colombia retirement will become more difficult for ex-pats on fixed retirement incomes---the currently enjoyed exotic lifestyles will unfortunately be at some point a reduced exotic ex-pat lifestyle---
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