• Connect With Us:
  • Environmental authorities issue license for Belo Monte hydro project

    Brazil’s environmental authority, Ibama, has issued a preliminary license for the 11.2 GW Belo Monte hydroelectric project in the Amazon region, subject to a number of conditions covering environmental concerns and other issues.

    The preliminary license allows the auction for construction of the project to go ahead, although the license does include dozens of conditions that must be met by future developers of the project.

    Belo Monte is set to cost at least 16 billion reais (US$9.3 billion), according to a statement released by the Brazilian Association of Infrastructure and Basic Industries.

    The project, on the Xingu River in the state of Para, is Brazil’s second-largest hydro project after the 14 GW Itaipu plant in southern Brazil.

    The auction for Brazil's Belo Monte hydro plant will take place in April, a spokesperson for Brazil's mines and energy ministry told Business News Americas.

    The auction previously has faced delays which stem largely from difficulties in securing an environmental license for the project, (HydroWorld 11/19/09)

    According to Ibama, Belo Monte constructors will have to pledge 1.5 billion reais (US$793 million) for preservation works in the area to compensate for the environmental impacts of the project.

    For more hydropower news and information, click here

    Hydro Industry Financials

    Most Read Articles

    Recent Comments

    Buyers Guide Companies

    Synergy Holdings Inc

    Renewable energy for residential, commercial, m...

    WorleyParsons – Brasil

    Zollern Transmissões Mecânicas Ltda

    Manufacturers of plain bearings, hydro power be...

    Potencia Industrial SA

    Manufactures hydroelectricelectric generators r...

    Rubberart Artefatos de Borracha Ltda

    Specializes in rubber seals for power generatio...

    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.

    Volume 32, Issue 10
    Volume 21, Issue 6

    Archived Articles

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

    Premium Content AD Promo Space