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Brazil May Auction 13 Hydropower Licenses By Year End

Brazil May Auction 13 Hydropower Licenses By Year End
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Τρι, 5 Απριλίου 2011 - 17:43
Brazil plans to auction licenses to build 13 hydroelectric dams by the end of this year, Folha de S Paulo reported Tuesday.
Brazil plans to auction licenses to build 13 hydroelectric dams by the end of this year, Folha de S Paulo reported Tuesday.

The dams, which will range in capacity from 56 megawatts to 700 megawatts, still need to be approved by environmental and indigenous agencies, Folha said, citing Mauricio Tolmasquim, head of the government's electricity planning company EPE.

Small hydroelectric dams, which need to be operational in three years, will likely be put up for auction in July. Licenses to build the larger dams will likely be auctioned toward the end of the year, Folha said. The larger dams need to be completed and operational by 2016.

The government may also auction licenses to build natural gas-fired plants, Tolmasquim told Folha.
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