Untitled Document

11,200-MW Belo Monte hydro project gets green light for construction

Brazil's environment agency, Ibama, has approved the start of initial construction work for the 11,200-MW Belo Monte hydropower project in Brazil's Amazon, wire services reported.

The hydro project will be built on the Xingu River in the state of Para.

In August 2010, Brazilian President Luiz Inacio Lula da Silva signed the concession contract for the construction of the hydropower project.

Norte Energia, the consortium that won the auction to build Belo Monte, is made up of state-run utility holding company Eletrobras, Brazil's second-largest pension fund, Petros, and several local construction companies, Reuters reported.  

The Norte Energia consortium won the bidding process for the Amazon dam and hydro project after construction bidding faced several delays due to opposition to the project.

The Belo Monte hydropower project is expected to begin producing electricity in 2015. Some estimates suggest the project will cost around 20 billion reais (US$11.2 billion).

For more hydropower new and information, click here

Related Articles

Cemig has operating right for 242-MW Jaguara hydropower plant revoked

The Brazilian Supreme Court ruled this week that utility company Cemig has no right to renew...

Three killed at Belo Monte hydropower plant worksite

Three workers were killed and several others sustained injuries when a cement silo collapsed...
Brazil Flag

Brazil's Aneel to auction operating concessions for 6 GW-worth of hydroelectric power capacity

Brazilian power regulator Agencia Nacional de Energia Eletricqa (Aneel) has announced it wil...

Bolivia seeks supervision of construction, equipment for 120-MW Misicuni hydro project

Bolivia utility Empresa Nacional de Electricidad (ENDE) invites expressions of interest from...

Recent Comments




Hydro Slideshows

more slideshows >>  

Hydro Whitepapers

Industry News

Editor's Picks

06/01/2015
Volume 34, Issue 5
05/01/2015
Volume 23, Issue 3

Buyers Guide Products