Power Plants in Pecém
Here is the MPX web page on the two power plants under construction.
In the construction stage, Energia Pecém and MPX Pecém II thermoelectric power plants located in the municipality of São Gonçalo do Amarante, are expected to increase power generation in Ceará by 90%. Both plants will be running on pulverized coal, brought from MPX own mines in Colombia, via Pecém Port.
Energia Pecém will feature two 360 MW modules, totaling 720 MW, of which MPX owns 50% and EDP 50%. At the new energy auction A-5, held in October, 2007, Energia Pecém contracted 615 average MW, assuring fixed earnings of approximately R$ 467,4 million (base: March/2009) indexed to the IPCA inflation index , for 15 years, as of 2012.
Recent news concerning the start of energy generation:
Brazilian energy company MPX Energia SA, which is controlled by Brazilian billionaire Eike Batista, said Friday it will start electricity generation at its Pecem I and Itaqui coal-based thermoelectric plants in northeast Brazil in the second half of 2011, an executive said Friday.
The Pecem I plant, with 720 megawatt capacity, is 50% owned by MPX and represents an investment of 1.635 billion Brazilian reais ($1 billion), which is being partly financed by Brazil's development bank BNDES.
Getting the first power plant running is an important step that allows for acceleration of other port developments. This huge increase in power capacity will result in thousands of new jobs in Ceará during the next few years.
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