Construction nearly finished at 334-MW Simplicio hydro project in Brazil

Brazil's 334-MW Simplicio hydro complex is more than 90 percent complete, a spokesperson for Brazilian state-run power company Eletrobras Furnas told wire services.

The 2.2 billion-real (US1.3 billion) hydropower complex, located in southeastern state Minas Gerais, is being developed and will be operated by Furnas alone.

Inauguration is slated for August.

Last year, Brazilian federal development bank BNDES granted Furnas a 1 billion-real loan for the project.

The Simplício hydro complex is part of the federal government's growth acceleration program, dubbed PAC.

For more hydropower news and information, click here

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs