Brazil to Help Peru Build Five Hydroelectric Plants in the Amazon

Itaipu, Brazilian hydroelectric plant The Brazilian government hopes to reach an agreement with Peru by March on a US$ 5 billion power project to secure energy supplies for both countries, according to Brazil's Energy minister Édison Lobão. The two governments plan to build five hydroelectric plants in Peru that will produce 6,000 megawatts of electricity

The surplus power will be supplied to Brazil, which needs to boost its generating capacity by 50% percent in 10 years, according to Lobão.

"Installing the first 2,000 megawatts will cost around US$ 5 billion, the Brazilian minister said in an interview in Lima. "The long- distance transmission of energy to Brazil is a very costly operation."

Centrais Elétricas Brasileiras, Latin America's largest utility, will help build the five plants in the foothills of the Peruvian Andes as Brazil seeks increased electricity output to spur faster economic growth.

Peru could harness the "enormous" power of its rivers to produce 90,000 megawatts of electricity annually for export to Brazil and other countries in the region, according to Peruvian President Alan Garcí­a.

"Peru loses in a year as much hydroelectric energy as Brazil consumes annually," Garcia said last week during a meeting with Brazilian President Lula da Silva. "This is a clean, renewable and infinite source of energy."

The new plants will supply electricity to cities in Brazil's Amazon jungle such as Rio Branco through a proposed 1,500-kilometer (900-mile) transmission line, Lobão said. Peru will also supply electricity to other parts of Brazil through 4,000 kilometers (2,500 miles) of transmission lines, he said.

Eletrobrás SA, as Brazil's state-owned utility is known, plans to complete a feasibility study on a first plant this month. The 2,000 megawatt Inambari project in Peru's southern Amazon jungle would take Eletrobrás and partners Furnas Centrais Elétricas SA and Construtora OAS Ltda five years to build.

Studies on the other four hydroelectric plants are expected to be completed in December 2010. Eletrobrás will contribute US$ 2 billion for a 49% stake in Inambari.

Mercopress

Tags:

Ads

You May Also Like

Brazil Becomes World’s Number 1 Country for Adventure Tourists

In the tropics, Brazil occupies an area of 8.5 million square kilometers (3.3 million ...

With 30,000 Articles Brazil Is 13 in the World in Scientific Output

In the list of countries that produced the most science in the world last ...

Brazil Shares Know-How of Fighting Rural Poverty

The experience of a poor Brazilian state can inspire Morocco, an Arab country located ...

LETTERS

For all its self-congratulatory slaps on the back, the Brazilian marketeering establishment is not ...

Industry Leaders Hand Lula Minimal Agenda to Avoid Brazil’s Paralysis

Brazil’s National Confederation of Industry (CNI) delivered a proposal it calls a “minimal work ...

In Brazil, Teaching the Koran in the Original

In the corridors of the Brazilian Islamic School, in the Vila Carrão neighborhood in ...

Brazil’s Lula Orders 5% Growth, But Doubting Thomases Abound

Brazil’s economy grew 3.2% in the third quarter from a year earlier, compared with ...

World Social Forum Back in Brazil After India Stint

The creation of a space for groups with common themes to debate ideas is ...

Brazil Plated Jewelry Fair Shows Latest Trends for Humans and Pets

Plated jewelry made in Brazil extends far beyond earrings, necklaces and rings. Nowadays, the ...