Riacho Seco is a 276MW hydro power project. It is planned on Sao Francisco river/basin in Pernambuco, Brazil. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2026.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Hydropower | 276 | – | 276 | Permitting | Pernambuco, Brazil | Companhia Hidro Eletrica do Sao Francisco; Statkraft Energias Renovaveis |
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Description
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The project is being developed by Companhia Hidro Eletrica do Sao Francisco and Statkraft Energias Renovaveis. These companies also have ownership stakes in the project.
The project cost is expected to be around $436.862m.
The hydro power project consists of 8 units of bulb turbines.
Development Status
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By GlobalDataThe project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2026.
About Companhia Hidro Eletrica do Sao Francisco
Companhia Hidro Eletrica do Sao Francisco (Chesf), a subsidiary of Centrais Eletricas Brasileiras SA carries out generation, transmission and distribution of electricity from hydroelectric, wind and solar energy plants. The company operates power generation systems; transmission systems to interconnect the hydroelectric plants to the main load centers; telecommunications and automation systems to supervise, control and manage the facilities; and water resource management systems. Its business operations include transmission lines and substations, telecommunications, power distribution, energy efficiency and production and others. The company works in partnership with special purpose companies (SPE) for the implantation and operation of hydroelectric, wind power plants and power lines. Chesf is headquartered in Recife, Pernambuco, Brazil.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
