Radomiro Tomic Desalination Plant (IIC-12277-01)

Countries
  • Chile
Where the impacts of the investment may be experienced.
Specific Location
Norte Grande
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • IDB Invest (IDBI)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Hold
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Aug 21, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
CODELCO
The holder of the loan, grant, or other investment.
Sectors
  • Mining
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Project Cost (USD)
$ 1,000.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ IIC website

Updated in EWS Mar 25, 2020

Disclosed by Bank Apr 13, 2018


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Project Description

This project provides financing for  the development, construction and operation of a seawater desalination plant, its associated marine intake and outfall structures, a water pumping system of approximately 160 km in length, and the associated electrical infrastructure.

According to Bank documents, the desalination plant, which will include pre-treatment, reverse osmosis and post-treatment associated works, will have a design flow rate of 1,956 liters per second. Desalinated water will be transported from this facility via an underground pipeline system of approximately 160 km in length and pumped through four pumping stations to an industrial water reservoir located on the grounds of the Radomiro Tomic Division, near the mine of the same name, where the water will be used.

The intended purpose of the maritime works is to capture seawater and discharge the brine derived from the desalination process. The seawater will be taken in via a system comprised of two towers (which include a sodium hypochlorite injection system and an anti-jellyfish air injection system), two pipelines, and the bilge, located on land, from which the seawater will be pumped to the desalinization plant. The discharge structure will be comprised of a load chamber, the discharge pipes and a diffuser located at the end of the pipeline.

Investment Description
Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - British Columbia Investment Management Corp Investor -
- - - - Canada Pension Plan Investment Board Investor -
- - - - China Southern Power Grid Co Ltd Investor -
- - - - Corporación Nacional del Cobre de Chile (CODELCO) Client -
- - - - Marubeni Corporation Investor -
- - - - Public Sector Pension Investment Board Investor -
- - - - Techint Chile Contractor -
- - - - Techint SA de CV Parent Company -
- - - - Transelec SA Contractor -

Contact Information

For inquiries and comments to IIC, contact:
IIC’s Communications Group
E-mail: divulgacionpublica@iadb.org

ACCOUNTABILITY MECHANISM OF IDB Invest
The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).