Excerpted from a Tehran Times article:

Electrobras, a Brazilian state-owned [power] company … confirmed the execution of five hydroelectric projects in Peru, which will increase the country’s electricity supply, the Ministry of Energy and Mines (MEM) reported on Tuesday.

During ExpoPerú 2008, an investment promotion event held in Sao Paulo, the Peruvian minister of energy and mines, Juan Valdivia, met with representatives of this company, who expressed strong interest in developing various projects in the country.

“The meetings with Brazilian investors were a great success; they have shown much interest in developing the ten largest hydro-electric power projects in the country, five of them have already been confirmed,” Peru’s vice minister of energy, Pedro Gamio, said on Tuesday.

He noted that two of these projects, the Inambari Hydroelectric Power Plant in Madre de Dios and the Paquitzapango Hydroelectric Power Plant in Junín would start operating in 2014.