• Connect With Us:
  • Brazil to prefer domestic bidders for small hydro concessions

    Brazil’s national congress has approved a bill granting preference to domestic companies in competition for concessions for small hydropower projects.

    The bill, approved May 12, 2009, and sent to President Luiz Inacio Lula da Silva, would apply to concessions for hydropower projects of between 1 and 50 MW. It would give priority to national companies over those controlled directly or indirectly by foreign shareholders.

    Velcan Energy said May 19 that the legislation likely would make it impossible for the France-based developer to win such hydroelectric concessions, since most competitions include domestic bidders. Velcan said it would review its objectives in Brazil and announce as soon as possible if it can pursue development there.

    Last year, Velcan signed a partnership agreement with Brazil utility CELG Geracao e Transmissao S/A to develop two hydroelectric projects in Brazil. (HydroWorld 9/11/08) Velcan had said the partners plan to develop the 64-MW Pau d'Arco project on the Palma River in Tocantins State.

    Additionally, the partners planned to develop 25 MW to 30 MW on the Claro River in the Araguaia River Basin of Goais State.

    Velcan’s strategy is to develop hydro projects in stable emerging countries having a high potential of undeveloped hydropower. It has two sources of revenue, power sales and sale of carbon credits.

    Hydro Industry Financials

    Buyers Guide Products

    Technical Services

    NAES develops and offers a full suite of custom...

    Digital Governor Conversions and Retrofit Kits

    Want to Go Digital? Over the last 10 years we h...

    Governor Field Service, Troubleshooting and Calibration

    Our highly-skilled Field Service Engineers know...

    Governor Replacement Parts - New and Factory Reconditioned

    We offer a complete line of brand-new, BETTER-T...

    Governor Training Classes

    From Governor School to Custom On-Site Training...

    Factory Repair Services

    We offer COMPLETE factory repair services for A...

    Most Read Articles

    Recent Comments

    Buyers Guide Companies

    Sauer Compressors USA Inc

    ABB Inc/High Current Systems

    Barr Engineering Co

    JM Power Aggregates Ltd

    Owner, inventor and distributor of an environme...

    IC-Fluid Power Inc

    Founded in 1989 to bring European fluid power t...

    Continuing Education

    Professional Development Hours
    To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

    12/01/2013
    Volume 32, Issue 10
    file
    11/01/2013
    Volume 21, Issue 6
    1311hrw-cvr

    Archived Articles

    2006 | 2007 | 2008 | 2009 | 2010 2011 | 2012 | 2013
    Hydro Review Past Issues

    Premium Content AD Promo Space