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Eletrobras to invest $8.5 billion in new generation T&D projects

19 Mar 2014
Eletrobras has laid out plans to invest $8.5 billion in new generation transmission and distribution projects by 2017.

The company’s Master Business and Management Plan outlined the investment plans which will be additional to the $12.5 billion already contracted.

Eletrobras Chairman José da Costa has spoken about the company’s forecasts of an increase in generation capacity by 13GW and of the transmission lines by 19,400km, as well as increases in the distribution network.

There is currently 23.2GW of generation projects in progress: 88% from hydro projects, 8.6% from thermal projects and 3.4% from wind or solar projects.