• Categories
  • Archives

Brazil’s Eletrobrí¡s Has Big Plans for Africa and Latin America

Brazilian Electric Centrals – state-owned Eletrobrás – is awaiting government authorization to start investing in partnerships with private companies abroad, the president of the company, AloÀ­sio Vasconcelos, informs.

According to Vasconcelos, a proposal is being analyzed by the Presidential Civilian Advisory Staff to submit in the form of a bill to the National Congress, defining Eletrobrás’ participation in the sale of engineering services and activities in the areas of consultation and monitoring.

The company president explained that three investment prospects are already in the pipeline. Eletrobrás plans to join in the creation of a binational enterprise in Namibia and Angola, in Africa.

The project is a power plant with the capacity to generate 560 megawatts, on the Cuneine River. The plant will be built by a consortium comprising the Brazilian firms Furnas Electric Centrals (a subsidiary of Eletrobrás), Odebrecht, and Engevix. Vasconcelos estimates that the investment will total US$ 600 million.

Another project, involving an estimated investment of US$ 260 million, is a power plant, also with the capacity to generate 560 megawatts, on the Lempa River, in El Salvador, in Central America. The Andrade Gutierrez construction company will be Eletrobrás’ partner in this undertaking.

The third project will be the installation of a power line in Argentina. "Eletrobrás is exporting technology it has acquired over a period of 44 years," Vasconcelos concluded.

Agência Brasil


  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


You May Also Like

In Brazil the Press Doesn’t Get Any Respect

Two reporters from the comedy show CQC (Custe o que Custar – Whatever the ...

Brazilian Embraer Sells 50 Jets to Texan Taxi Service

The Brazilian aircraft manufacturer Embraer announced today, September 5, the sales of 50 executive ...

Brazil’s Petrobras Finds Oil Again. This Time, Light and Plentiful

Brazilian state-controlled gas and oil multinational Petrobras announced late last week a new oil ...

Journalist Executed in Brazil with 8 Shots to the Head

International pro-free-press organization Reporters Without Borders voiced dismay on learning that freelance photographer Robson ...

Brazil Changes the Guard in Haiti

The new commander of the Brazilian troops in Haiti, General João Carlos Vilela, took ...

Brazil-Arab Trade Exceeding Expectations

Brazilian exports to the Arab countries grew 18% in the first months of this ...

Real and Confidence in Brazil Down

The revelation by the New York Times, whether or not Lula’s drinking contributes to ...

New Prison Riots in Brazil Leave Three Dead and 245 Hostages

Prison riots in Brazil have killed three inmates. The deaths were reported Sunday and ...

Minister Promises Brazil Will Soon Become a Big Fish Exporter

Brazilian Minister of the Special Secretariat for Aquaculture and Fisheries, Altemir Gregolin, considered the ...

Brazil Calls “Unjustifiable” US Warning Over Brazilian Protectionist Measures

Ron Kirk, US Trade Representative, urged Brazil in a letter sent on Wednesday to ...