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Project Cycle

Project Cycle

Types of Financing

The IDB Group uses loans, grants, guarantees and investments to fund development programs.

BR-L1193 : Pécem Thermoelectric Power Plant Project

Project Description: The project consists of the design, development, construction, operation and maintenance of a 720-Megawatt ("MW") coal-fired thermal generation plant in the state of Ceará, northeast of Brazil (the "Project" or the "Plant").The Project is part of the Programa de Aceleração do Crescimento (PAC) (regulated by law 11.488), a federal government program intended to accelerate the country's growth through investments in infrastructure and certain state and federal tax-incentives.The Project will be allowed to produce and sell up to 5,387,400 MWh/year of energy per year corresponding to the equivalent assured energy of 615 MW.
Procurement Information
News Release: Mar 20, 2009 - Brazil expands energy supply in Northeastern region with IDB financing

Basic Information

Project Number BR-L1193
 

Operation Number

 

Status

 

Approval Date

 

Signing Date

  2129A/OC-BR   Implementation   MAR 20, 2009   JUL 10, 2009
  2129B/OC-BR   Implementation   MAR 20, 2009   JUL 10, 2009
Country Brazil
Sector Energy
Subsector Thermo-Electric Energy
Project Type Loan Operation
Project Subtype Private Sector Investment

Financial Information Summary

Total Cost - Historic USD 1,853,000,000

IDB Financing

   Reporting currency(ies) USD - United States Dollar
   Approved Amount(s) USD 147,000,000

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