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8.13.08
» BNDES provides R$ 91.3 million for installation of Santa Luzia Power Plant in Santa Catarina
Building a Power Plant in Santa Catarina, the PCH Santa Luzia Alto, in Chapecó River, between the cities of São Domingos and Ipuaçu, will only be possible thanks to the approval of financing in the amount of R$ 91.3 million. The project will generate 600 direct jobs during the works. The funds of BNDES account for 67% of total investments and will be transferred by Banco do Brasil.
The project, to be developed by the group Gomes Lourenço – anchor-company of which is the Construction Company Gomes Lourenço -, covers the Power Plant, and the construction of its transmission system. It is the second project the group is used to carry out, with similar purpose (Piedade Power Plant), under development in the state of Minas Gerais.
Fundação do Meio Ambiente (FATMA) of the State of Santa Catarina issued the installation license to Santa Luzia Alto Power Plant, which installed power will be 28.5 MW. License to the transmission line has not been issued yet because there are two route options, still under analysis. It must be issued by December this year. Transfer of funds by BNDES is contingent upon the submission of installation licenses in the name of Santa Luzia Energética S.A.
In the first construction step, the project will create 600 direct jobs. In the operational phase, expected for January 2010, Santa Luzia ALTO Power Plant will put in five new job positions. BNDES support has come right on time for infrastructure investments, such as the promotion of renewable energy. In the first six months of this year, disbursements for infrastructure grew 83.1%, as compared to the same period last year and must also exceed loans to the industry by the end of the second half of the year.
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