You are here

China’s State Grid group wins bid to build power lines for world-leading Brazil hydropower plant

Chinese group State Grid Brazil Holding wins auction to construct 2,092km power transmission lines for Belo Monte Amazon dam

Hydropower plant and transmission line
The hydropower transmission line will run along the Xingu River in the Amazon Basin to Brazil’s Southeast

A group led by China’s State Grid Corporation is to build transmission lines to the Belo Monte Amazon dam - set to be the world’s third-biggest hydropower plant. The IE Belo Monte consortium, formed by China’s State Grid Brazil Holding, was the winning bidder of an auction to construct the hydropower transmission lines for Belo Monte, held by the National Electric Energy Agency (ANEEL). The consortium includes firms Furnas and Eletronorte, two units of Brazilian electric utilities company Eletrobras.

Group companies will construct and operate the 2,092km hydropower transmission line and two energy converter stations, which will take energy from state Pará, in northern Brazil, along the Xingu River in the Amazon Basin, to load centres in the Southeast. The companies will have 46 months to complete the project to connect Belo Monte, according to Bloomberg. The contract extends for 30 years.

The investment for the hydropower project in Brazil, which is estimated at USD 5bn, aims to focus on principles, such as innovation.

State Grid Brazil Holdings, said: “With the transmission line in Belo Monte, State Grid reconfirms its intention to invest in the country with the following principles: integrity, commitment, innovation and dedication. 

“The aim is to ensure more safety and economy in providing clean and sustainable energy, tied to compliance with laws, regulations and local policies and to defend the interests of partners and communities,” the company added.

The news marks another significant development for Brazil’s hydropower sector over the last 12 months. In July 2013, the Brazilian Government approved a 350MW joint hydropower plant project to be built in Parana state.