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05.28.08
» BNDES provides R$ 150.3 million loan for the implementation of the power plant Corumbá III
The bank’s management approved R$ 150.3 million financing for Geração CIII S.A., under the Growth Acceleration Program
- PAC. The funds are intended to the implementation of the Power Plant Corumbá III, located in Corumbá River, in the city of Luiziânia, state of Goiás. During the implementation phase, around one thousand direct jobs will be offered in civil construction works and equipment
assembly.
Total investments expected amount to R$ 222.7 million. At the end of the construction, the plant will require about 30 employees involved in its operation and maintenance.
Corumbá River is the affluent of Paranaíba River, in the basin of Paraná river, which crosses the city of Luiziânia (GO), and the plant startup is expected for December 2008. Outputs will be delivered through two generating units, totaling an installed capacity of 93.6 MW and assured energy of 50.9 MW, and a 100 km long transmission system. The power plant reservoir will only occupy the areas of the city of Luiziânia, in the state of Goiás.
The power plant Corumbá III will a reservoir with an area of 77.42 km², and total volume of 972,100,000 m³, which will be designed upon the construction of a dam, with maximum height of 54 m and 800 m of
length.
The power plant will be connected to the distributor through a 138 KV transmission line, simple circuit, around 100 km long up to São Sebastião substation, of CEB Distribuição S.A. According to Neoenergia, the current progress status of the works is at 78%.
The energy of the power plant Corumbá III (50.9 MW) will be traded through an Energy Purchase Agreement (CCVE) signed between Energética Corumbá III and CEB Distribuição on November 12, 2002, at R$ 95,69/MWh, (R$ 146,49/MWh at January 2008), restated by IGPM (General Index of Market Prices) until the plant’s startup. This price will be restated at an annual basis by IGPM after the plant’s startup.
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