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Article: BNDES approves R$12.55mil funding to Cassol.

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South American Business Information
Article date:
June 13, 2003
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Brazil, Jun 13, 2003 (Gazeta Mercantil/SABI via COMTEX)

The Brazilian development bank BNDES (Banco Nacional de Desenvolvimento Economico e Social) has approved a R$12.55mil funding for the erection of the small hydroelectric power facility Rio Branco, with a capacity of 6,9 Mw, to be installed in Rondonia. The project, with total investments of R$19mil, also predicts the implementation of a transmission system with 94 Km extension. BNDES currently analyzes other ten projects for small hydroelectric facilities in different regions of Brazil - as the Fockink project (Mato Grosso) and Brascan Energetica (Parana). The current projects demand resources of R$150mil - ...

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