In short, the plant would produce much more than what local demand requires.
On the other hand, the large infrastructure of the projected power plant and its associated costs made the project unfeasible from a financial point of view, given its low profitability.
Another case is the “220 kV Moyobamba – Iquitos Transmission Line and Associated Substations”. This project was intended to finally connect Iquitos to the SEIN; however, the route of this line was established through the Pastaza Fan ⁶, the largest wetland complex in the Peruvian Amazon.
On the other hand, the company sought to develop energy through another source: solar energy. In this regard, in 2012, Electro Oriente issued a call for consulting services for the implementation of a photovoltaic power plant. This is now a reality since, in 2021, Electro Oriente signed a PPA contract with three energy generators: the French multinational EDF, which will be in charge of supplying solar energy to the cities of Iquitos and Requena; the British company Aggregko, which will do the same for Nauta; and the Peruvian company Nobu Solar, which will supply the towns of Caballococha, El Estrecho, and Tamshiyacu. In this way, Iquitos will become the first city in Peru to have a solar energy power supply. ⁷