Work OK to resume at Brazil's 1.8-GW Teles Pires, court rules

Brazil Map

Brazil's Supremo Tribunal Federal (STF) has reversed a decision that halted work on the country's 1.8-GW Teles Pires hydroelectric plant, per a ruling by Judge Ricardo Lewandowski this week.

Construction of Teles Pires had been stopped after public prosecutors accused the consortium responsible for its development, Companhia Hidreletrica Teles Pires (CHTP), of skipping obligatory social impact studies.

Lewandowski ruled, however, that CHTP had not breached the concession rules, and that delaying the project could cause significant economic damage to Brazil's Mato Grosso and Para states.

Teles Pires is being constructed along the Teles Pires River on the border of the two states.

The group responsible for its development includes Neoenergia (with a 50.1% share), Eletrobras-Eletrosul (24.5%), Eletrobras Furnas (24.5%) and Odebrecht (0.9%).

Should construction progress as planned, the US$2 billion project is scheduled to begin operating in 2015.

For more news from Brazil, visit here.

HydroVision International 2014 Keynote Speakers

Presenting the HydroVision International 2014 Keynote Speakers

Check out a slideshow covering the keynote speakers at the HydroVision International 2014 conference and exhibition

Click Here >>

Hydro Industry Financials

Most Read Articles

Recent Comments

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.

09/01/2014
Volume 33, Issue 7
cover
07/01/2014
Volume 22, Issue 4
file

Archived Articles

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