Furnas Hydroelectric Project

• Core AidData Fields

  Year

  1958

  Donor

  World Bank - International Bank for Reconstruction and Development (IBRD)

  Recipient

  Brazil

  FLOW TYPE

  a_ no value

  FINANCING AGENCY

  [No Data]

  IMPLEMENTING AGENCY

  N/A

  Commitment Loan / Grant Amount

  Original: 73,000,000 USD

  Current: 73,000,000 USD

  Constant: 563,002,397.7 USD

  Disbursement Amount

  Total Project Cost

  73,000,000 USD

  Long Description

  The Furnas Hydroelectric Project will provide a loan of $73 million in foreign currency to the Central Eletrica de Furnas S.A. to finance the construction of the first stage of an 1,100 megawatt (MW) hydroelectric project at Furnas on the Rio Grande. The Furnas project will be constructed in two stages. The plant for the first stage will consist of five 92 MW or four 110 MW vertical generating units, the size depending on the weights to be transported over the railroads. The second stage is expected to follow quickly on the first. The Furnas project will comprise a large earth and rock fill dam, a concrete spillway, and an open air type powerhouse. It is projected that the project is technically and economically sound and is required to meet the rapidly growing demand for electricity in central-southern Brazil. The Furnas Company is under capable management and the arrangements made for engineering the project are satisfactory. Existing regulations governing rates should assure adequate revenues to maintain the Furnas Company in a sound financial position.

  Donor Project ID

  P006225

  Secondary Donor Project ID

  [No Data]

  AidData ID

  2426724

  DATA SOURCE

  Donor Website
• AidData Purpose & Activity Codes

  Purpose Code

  23030: Power generation/renewable sources.

  Activity Codes

  23030.02: Hydro-electric power plants.
  
• CRS Purpose Code

  Purpose Code

  :
• Other AidData Fields

  UMBRELLA

  WORLD BANK

  BORROWER

  N/A

  BENEFICIARY

  [No Data]

  START DATE

  [No Data]

  END DATE

  1966-01-31

  REPAY DATE FIRST

  [No Data]

  REPAY DATE LAST

  [No Data]

  NUM. REPAYMENTS PER YEAR

  [No Data]

  LOAN TERM

  [No Data]

  EFFECTIVE DATE

  [No Data]

  GRACE PERIOD

  [No Data]

  INTEREST RATE

  [No Data]

  INSPECTION SUPERVISION FEE

  [No Data]

  CREDIT FEE

  [No Data]

  GRANT ELEMENT

  [No Data]

  ENV. IMPACT ASSESSMENT

  [No Data]

  INVESTMENT PROJECT

  [No Data]

  INVOLVED INST.

  [No Data]

  CRS SECOND INTEREST RATE

  [No Data]

  HAS TECHNICAL ASSISTANCE

  false

  HAS FEASIBILITY STUDY

  false
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