SAO PAULO, Brazil, Oct. 5, 2000 (BNamericas.com)General Electric will supply the turbines for a combined cycle thermoelectric plant that US power company El Paso Energy will build in an industrial zone of Brazil’s Sao Paulo, El Paso Brazil spokesperson Melissa Bivar told BNamericas.com.
The 500 MW plant will initially operate at 160 MW, and construction works are still pending respective environmental licenses. The location of the project in Capuava, next to state-owned oil company Petrobras’ Recap refinery “has yet to be completely defined,” Bivar said. Petrobras is a minority project partner.
The project will require US$300 million-400 million investment and operations are expected to begin in 2003. The Bolivia-Brazil pipeline will supply natural gas for the project.
Business News Americas (BNamericas.com)
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