ABSTRACT

The loss of the Bogota utility and the creation of the Corporacion Autonoma Regional del Valle del Cauca (CVC) sharply reduced the central state's sphere of activity. According to the initial plan, a dam at Cusiana would provide cheap electricity to transform the local iron ore into steel as well as to supply the neighboring region. The ample hydroelectric potential of Boyaca easily guaranteed expansion for future needs. Since the many projects of Rojas Pinilla to enrich the Colombian elite had drained the national treasury, a scheme emerged to tap the funds of the Bogota Light and Power Company. Meanwhile, the Bogota Light and Power Company took the offensive with its counterproposal to set up the three 33-megawatt units in Zipaquira rather than Paipa. The bitter battles over Bogota and CVC that had ended in disaster had weakened Electraguas, and the struggle for Paipa had devoured time and money at an alarming rate.