Eletrobras submits paperwork on proposed hydro megaproject

Brazil’s state-owned Eletrobras (NYSE:EBR) has completed and submitted a technical and financial feasibility analysis on the Sao Luiz do Tapajos 8000 MW hydropower project to Aneel, Brazil’s electricity regulator.

Later this month, Eletrobras will submit a companion study covering the proposal’s environmental impact to Ibama, Brazil’s environmental agency.

Energy Monitor Worldwide reports that Sao Luiz do Tapajos represents the largest part of proposed Tapajos hydroelectric complex, which is slated to have an installed capacity of 11 GW, rivalling the controversial Belo Monte.

The complex will also include Jatoba (2300 MW), Cachoeira dos Patos (528 MW), Jamanxin (881 MW) and Cachoeira do Cai (802 MW), all of which will be built on the Tapajos River, in the Amazonian state of Para.

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