Brazil’s national development bank has approved 80 million reais (US$37 million) in financing to build the 30-MW Santa Rosa 2 hydroelectric project in Rio de Janeiro State.
Banco Nacional de Desenvolvimento Economico e Social (BNDES) said October 23 that the funding also included a six-kilometer, 69-kilovolt transmission line. The project is being developed by Santa Rosa S/A, a subsidiary of the Engevix group.
Financed under the national incentive program for alternative power producers, Programa de Incentivo as Fontes Alternativas de Energia Eletrica (Proinfa), Santa Rosa 2 is to incur a total investment of 108 million reais (US$50 million), of which Santa Rosa S/A is to supply 28 million reais (US$13 million).
BNDES funds grid for 29-MW Sucuriu, 30-MW Buriti, 81-MW Retiro Velho
To advance three other Proinfa hydro projects, BNDES approved financing of 20.6 million reais (US$9.5 million) to build transmission lines to link them to utility Empresa Energetica de Mato Grosso do Sul (Enersul).
The lines will interconnect three hydro projects being built by independent power producers, 29-MW Sucuriu, 30-MW Buriti, and 18-MW Retiro Velho. (HNN 3/3/06)
The funds, to Enersul, are to finance 134 kilometers of lines and seven substations in Mato Grosso do Sul State in the Sucuriu and Da Prata rivers area.