Brazil's auction of as many as 10 hydroelectric dams may take place in mid-December, the state-owned energy research corporation EPE said Wednesday.
Brazil
's
auction of as many as 10 hydroelectric dams may take place in mid-December, the
state-owned energy research corporation EPE said Wednesday.
The auction, for licenses to build as much as 3,700 megawatts of hydroelectric
capacity, will likely include the 1,820MW
Teles Pires
dam,
EPE President Mauricio Tolmasquim said in
Rio
de Janeiro
.
Brazil
's
environmental regulator Ibama has yet to set a date to review plans for the
Teles
Pires
dam in order to provide the needed licenses, Tolmasquim said.
In addition to the
Teles Pires
dam, three other
hydroelectric projects on the
Teles
Pires
River
may
be up for auction, Tolmasquim said earlier this month. The auction may also
include five dams on the
Parnaiba
River
in
the northeast and the Santo Antonio do Jari dam in
Brazil
's
Amazon region.
The winning bids are those that offer to sell energy at the lowest price.
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