Brazil's Vale SA mining firm and three partners said they may bid to build the Belo Monte hydro project in Brazil’s Amazon region.
Brazil’s environmental authority, Ibama, recently issued a preliminary license for the 11,200-MW Belo Monte hydro project, subject to a number of conditions covering environmental concerns and other issues. (HydroWorld 2/4/10)
Vale will analyze a joint bid with Andrade Gutierrez Participacoes SA, Neoenergia SA and a Votorantim Participacoes SA unit, according to a Brazilian regulatory filing.
The auction for Brazil's Belo Monte hydro plant will take place in April, a spokesperson for Brazil's mines and energy ministry reported.
The auction previously has faced delays which stemmed largely from difficulties in securing an environmental license for the project. (HydroWorld 11/19/09)
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