Brazil utility to seek partners to build six small hydros

Federal utility Furnas Centrais Eletricas S.A. plans to issue a solicitation for partners to build six small hydroelectric projects in Brazil’s Rio de Janeiro State.

Business News Americas reported Furnas plans to launch a solicitation in May for companies interested in teaming to build the projects, which are expected to total 80 MW.

�We will receive offers from companies with projects and also accept other partners for small hydro projects we own in the state,� Furnas engineering director Mario Marcio Rogar said.

Rogar said the projects are to sell power into the non-regulated electricity market.

For information, contact Furnas Centrais Eletricas S.A., Rua Real Grandeza No. 219, Bloco A, Botafogo, Rio de Janeiro, Brazil; (55) 21-25283122; Fax: (55) 21-25284378; E-mail: webfurnas@furnas.com.br; Internet: www.furnas.com.br.

Furnas, Brazil bank sign financing for 333.7-MW Simplicio

Furnas President Luiz Pablo Conde and President Luciano Coutinho of Brazil’s national development bank, signed an agreement March 27 for financing of 1.034 billion reais (US$593.8 million) for the 333.7-MW Simplicio hydroelectric project on Brazil’s Paraiba do Sul River.

Banco Nacional de Desenvolvimento Economico e Social (BNDES) is providing 62 percent of the total project investment of 1.6 billion reais (US$918.9 million) under the agreement, announced late last year. (HNN 11/19/07)

Furnas holds an installation license to build the project in Rio de Janeiro and Minas Gerais states. The project includes a dam on the Paraiba do Sul at Tapir, where the 28-MW Tapir small hydro project will be built that will divert water through 10 kilometers of tunnels and canals to the Simplicio powerhouse. The project also includes a 120-kilometer transmission line enabling sale of power to the regulated market.

Furnas said the project will create 4,000 direct jobs and 10,000 indirect ones. Additionally, 264 million reais (US$151.6 million) of the project investment is to go to socio-environmental benefits.

Civil works are to be built by Norberto Odebrecht and Andrade Gutierrez. Argentina’s Industrias Metalurgicas Pescarmona S.A. (IMPSA) received a contract to equip the project.

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