Energia Sustentavel Consortium Wins Jirau Hydropower Plant Concession Auction

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Researched by Industrial Info Resources (Sugar Land, Texas)--The Energia Sustentavel consortium, formed by Suez (OTC:SZEZY) (Paris), Eletrosul (Santa Catarina, Brazil), Chesf (Pernambuco, Brazil) and Camargo Correa (Sao Paulo, Brazil), has won the concession auction for the construction and operation of the 3.3-gigawatt Jirau hydropower plant. The auction took place on May 19, 2008, at Aneel headquarters in Brasilia. View related May 9, 2008, article - Concession Auction for Brazil's Jirau Hydropower Plant Scheduled for May 19.

The consortium signed a contract with Hyosung (Seoul, South Korea), which will provide the equipment for the substation. The plant will be equipped with 44 75 MW Kaplan turbines and begin operation in 2012.

The station, along with the San Antonio plant, is part of the 6,450 MW Madeira River Complex, a project with an investment cost of $9.8 billion. The complex, located in the state of Rondonia, is considered essential by the Brazilian government in order to help the country meet power demand by 2011.

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