Termochilca launched a 200 MW thermal plant in Canete province, south of Lima city, after investing USD 127 million (EUR 94 million). The plant's commercial launch marks the completion of the first phase of the project. By mid-2016, the company will complete a combined cycle, increasing the installed capacity to 300 MW, while later the plant could be upgraded to 600 MW.

The plant currently has an effective capacity of 208.75 MW, out of 220 MW installed. It will receive natural gas from the Camisea field, in Cusco region.