What is the latest status of the project “Parnamirim Power Plant”?

The status recorded for “Parnamirim Power Plant” is cancelled.

Who are the main government, EPC, and private stakeholders for “Parnamirim Power Plant”?

Taiyo maps the stakeholders of “Parnamirim Power Plant”: government bodies (World Bank Group, Brazil), EPCs/contractors (Collett SA).

What is the budget and commercial profile for the project “Parnamirim Power Plant”?

Taiyo normalizes the budget of “Parnamirim Power Plant” to USD 55000000.

Where can I verify the source and access all details for “Parnamirim Power Plant”?

This Taiyo project page references World Bank Group along with the original URL (https://ppi.worldbank.org/en/snapshots/project/parnamirim-power-plant-3211). Taiyo standardizes official data into a consistent, searchable project profile.

Parnamirim Power Plant

Sector: Commercial • Location: Brazil

Source: World Bank Group

Project

Cancelled

The project comprises the construction and operation of a 93MW thermal power plant (diesel) in the state of Rio Grande do Norte. The company responsible for the project is Parnamirim Energia SA, controlled by Collett SA, a Brazilian company. In July 2002 the plant was commissioned. The estimated total costs were US$55 million.

In January 2002, Parnamirim signed a PPA with the Brazilian Commerc

Status: Closed
Sector: Commercial, Geothermal, Power Generation (CCGT), Government
Location: Brazil
Updated: 22 Jul 2026
Source: World Bank Group

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Project Information

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The project “Parnamirim Power Plant” is an infrastructure initiative in the Commercial sector, located in Brazil. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency
Company

Status

Original status	cancelled
Taiyo status	Closed
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The project comprises the construction and operation of a 93MW thermal power plant (diesel) in the state of Rio Grande do Norte. The company responsible for the project is Parnamirim Energia SA, controlled by Collett SA, a Brazilian company. In July 2002 the plant was commissioned. The estimated total costs were US$55 million. In January 2002, Parnamirim signed a PPA with the Brazilian Commerce Chamber for Emergency Energy (CBEE), which is a four-year take-or-pay contract for the full capacity of the plant. Parnamirim power plant was part of a priority program for thermal power plants (Programa Prioritario de Termeletricas), implemented by the Brazilian federal government in 2000. The program, in order to foster the construction of thermal power plants, provided a short-term take-or-pay contract and, in some cases, financing for the construction of the plants (through the Brazilian Development Bank, BNDES). In December 2004, the power purchase agreement was ended and, in 2005, the sponsor decided to close the facility and sell the assets.
Original sector	Energy
Budget

Location

Country

Brazil

Source

Source	World Bank Group
URL

More Details

Record type	Project
Sector	Commercial, Geothermal, Power Generation (CCGT), Government
Article published date	2024-09-20

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