Overview

• The Lambayeque regional agency assumed operation of Presa Limón and the Túnel Trasandino on September 26, with ministers attending a handover at the dam in what PEOT says is the first PPP to revert to state operation.
• The Ministry of Economy and Finance transferred S/45 million to fund staffing and initial needs, and PEOT will retain many experienced former Novonor workers to maintain continuity.
• PEOT says dredging of Presa Limón is scheduled to start in December but bidding cannot open until administrative steps and MINAM sign-off are completed.
• Officials characterize dredging as a temporary measure and say raising the dam is the lasting solution, with contracting for such works estimated at about three years.
• Farmers in Valle Viejo de Olmos are demanding a clear timetable, citing severe sedimentation that they say has cut storage by roughly 70% and could require at least seven months of work.