Global General

Brazil to build 54 hydro power plants

(Xinhua)
Updated: 2010-03-30 13:26
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RIO DE JANEIRO - Brazil said on Monday that it will build 54 hydroelectric power plants as a part of the Growth Acceleration Program (PAC).

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The power plants would generate a total of 47,800 megawatts of electricity, said President Luiz Inacio Lula da Silva while announcing the PAC's second phase scheduled to start in 2011.

The investment of the plants will reach 116 billion reais ($64.4 billion), said government sources.

Ten out of the 54 plants will be of platform type, similar to the oil platforms at sea. They will be stationed in the Amazon region to reduce environmental impact during their operation.

The second phase of the PAC will cost 1.59 trillion reais ($883.3 billion) in sanitation, housing, energy, water distribution, public security and transportation.

Some 1.09 trillion reais ($605.5 billion) will go to energy projects.
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