THE Fiji Electricity Authority is expected to make an announcement over its decision to develop a hydro project in the upper Navua River.
The authority's 2012 annual report, which was released last week, said a feasibility study was carried out last year to determine the viability of developing such a plant.
The authority said a full report was submitted by a consultant last month which will be taken up to the board for further deliberation before a decision is made. These were among other feasibility studies carried out by the authority.
"FEA will prioritise the projects and then call for expressions of interest from independent power producers to develop these projects and sell electricity to FEA.
"This approach will be taken due to limitations on the borrowing capability of the authority," FEA said.
FEA spent $9.32 million for rural, commercial, industrial system reinforcement projects and contract works, the report said.