Brazil utility group begins construction of two small hydros

Brazilian utility holding company Neoenergia has begun construction of two small hydroelectric projects in Brazil’s Goias State totaling 49 MW.

Neoenergia, a Brazilian unit of Spanish utility Iberdrola, said it began construction August 10 of the 21-MW Nova Aurora project, followed by start of work August 14 on the 28-MW Goiandira project. Both are being built on the Verissimo River.

Nova Aurora, being built near the town of Nova Aurora, requires an investment of 99 million reais (US$44.3 million). Goiandira, next to the town of Goiandira, requires an investment of 98 million reais (US$49.4 million).

In January, Neoenergia said it planned to invest 1.04 billion reais (US$489 million) in Nova Aurora, Goiandira, and five other hydroelectric projects for a total of 576.1 MW. (HNN 1/31/07)

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