Brazil’s Ministry of Mines and Energy has included the Maranhao III thermoelectric power plant (TPP) in the government’s Incentive Regime for Infrastructure Development (REIDI), local news outlets reported.

The facility, which has an installed capacity of 499 MW, is located in the city of Santo Antonio de Lopes, in northeastern Maranhao state, ADPnews Latin America said.

The unit is owned by MPX Energia, the power arm of the EBX holding of Brazilian tycoon Eike Batista.

The incentive programme was launched in 2007 and it seeks to provide tax breaks to firms investing in infrastructure projects in the energy, transportation, ports, sanitation and irrigation sectors.

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