Funil Power Plant
Sector: Power Generation (CCGT) • Location: Minas Gerais, Brazil
Source: World Bank Group
The project comprises construction and operation of a 180MW power plant in Grande river, in the state of Minas Gerais.
The plant started operations in December 2002. The plant was built by a consortium between Companhia Vale do Rio Doce (CVRD) and Centrais Eletricas de Minas Gerais (CEMIG), with a 51% and a 49% stake, respectively. CVRD and CEMIG's total investments in the project ammounted US
- Status
- Prospective
- Sector
- Power Generation (CCGT), Hydro, Commercial, Government, Manufacturing (Industrial)
- Location
- Minas Gerais, Brazil
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project comprises construction and operation of a 180MW power plant in Grande river, in the state of Minas Gerais. The plant started operations in December 2002. The plant was built by a consortium between Companhia Vale do Rio Doce (CVRD) and Centrais Eletricas de Minas Gerais (CEMIG), with a 51% and a 49% stake, respectively. CVRD and CEMIG's total investments in the project ammounted US$50.7 million (R$193 million). The consortium also have a partnership in the Porto Estrela, Aimores and Capim Branco power plants. In June 2003, the Brazilian Development Bank approved a US$48 million loan in connection with the Funil and Aimores power plants. In addition, in January 2003, CVRD acquired US$300 million from the Japanese Bank for International Cooperation and, in April, US$64 million from the American Import Export Bank in connection with its generation projects. |
Original sector | Energy |
Budget |
Location
Country | Brazil |
State | Minas Gerais |
Source
Source reliability | High |
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Hydro, Commercial, Government, Manufacturing (Industrial) |
Article published date | 2023-02-20 |
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