A Model for the Future
The Cóndor Paipa Project not only symbolizes Colombia's progress towards a cleaner and more sustainable energy matrix, but also an example of how responsible management of natural resources
can generate asting social, economic and environmental benefits. With this initiative, Dewhurst Group reaffirms its commitment to a sustainable energy future for Colombia, in which innovation, collaboration and responsibility converge to improve the quality of life of communities and preserve the environment for future generations.
Geographical location of the project
PAIPA - BOYACÁ
Colombia


Surface area
Total 306 km²1
Altitude
Average 2525 m a.s.l.
Population (2023)
Total 35,370 inhabitants
Density 104.17 inhabitants/km²
Urban 22,125 inhabitants
Strategic Approach and Phased Planning
The development of Cóndor Paipa will be carried out in several strategic phases, each focused on optimizing the use of the geothermal resource and ensuring the technical, economic and environmental sustainability of the project. The main stages are described below:
Condor Paipa:
The Energy of the Future Emerges Here
Economic Impact and Investment Projection
The Cóndor Paipa project represents an initial investment of US$25 million, with the potential to reach US$180 million in its final phase. With a projected useful life of 30 years, the project could be extended to more than 100 years under proper and sustainable management, ensuring the viability and economic growth of the region over the long term.
The most relevant economic impacts of this project include:
Agricultural Sector
Tourism and Hospitality
Improving productivity in agro-industrial processes, promoting
sustainable practices and energy efficiency in agricultural production.


Development of thermal centres, eco-friendly destinations and tourist attractions that will take advantage of the region's natural resources, promoting more responsible and environmentally conscious tourism.


Key Project Components:
1. Electricity Generation

The project involves the construction of a geothermal plant that will supply clean and renewable energy to the Colombian electrical grid, using the favorable geological conditions of Boyacá.
2. CEG-Geothermal
Center of Excellence
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The creation of a geothermal center of excellence is planned, which will serve as a space for training, research and knowledge transfer. This center will contribute to strengthening the geothermal industry in Colombia and Latin America.
3. Restructuring under a Public-Private Partnership (PPP) Model

The project is being restructured as a Public-Private Partnership (PPP), which will allow the active participation of various actors and will invest in strengthening public infrastructure and private investment.
4. Impact on Sustainability

The project is designed to integrate with the best sustainable practices, prioritizing environmental conservation and the efficient use of resources.
Strategic Importance:
Energy Diversification:
Regional Development:
Regional Reference:
The project will contribute to diversifying Colombia's energy matrix, reducing its dependence on fossil and hydroelectric sources.
It will generate a direct impact on the local economy, creating jobs and strengthening the capacity of communities to take advantage of natural resources in a sustainable manner.
Cóndor Paipa will position itself as a reference model for future geothermal projects in Latin America, contributing to the expansion of geothermal energy in the region.
REPRODUCE THE VIDEO
Discovering
Geothermal Energy


Project Progress
Project Milestones









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