Brazil's Furnas seeks partners for Tapajós mega plant

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Monday, July 28, 2014

Brazilian utility Furnas is seeking partners to develop the 6.13GW São Luiz do Tapajós hydroelectric project in the country's north.

Interested firms have until August 15 to submit proposals for a joint venture, Furnas said in a statement.

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The project forms part of an 11GW mega-dam complex earmarked for the Tapajós and Jamanxim rivers in Pará state.

It will comprise seven independent power plants and is expected to attract investment of US$9bn.

According to the federal government, a concession to build and operate São Luiz do Tapajós could auctioned later this year.

Earlier this month Furnas' parent firm Eletrobras signed an expertise-sharing deal with China Three Gorges for the plant's development.

BNamericas will host its fourth LatAm Power Generation Summit in Santiago, Chile, on August 13-14. Click here to download the agenda.