Volta Grande Thermal Power Plant
Sector: Biomass • Location: Brazil
Source: World Bank Group
The Caete Cogeneration project involves the expansion of a cogeneration plant fuelled with sugar cane bagasse from 9 MW to 34 MW in the municipality of Conceicao das Alagoas, state of Minas Gerais.
Usina Caete –part of the Carlos Lyra Group- owns the Caete Cogeneration project.
In November 2005, Banco Nacional de Desenvolvimiento Economico e Social (BNDES) approved a US$36 million (80 million r
- Status
- Prospective
- Sector
- Biomass, Commercial, Power Generation (CCGT), Government, Hydro, Geothermal, Wind, Raw Materials, Power Transmission, Manufacturing (Industrial)
- Location
- Brazil
- Updated
- 22 Jul 2026
- Source
- World Bank Group
ConstructChat
Ask ConstructChat about Volta Grande Thermal Power Plant
Pick a question to edit it, or write your own.
First answer free · no account
Project Information FAQ
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 Caete Cogeneration project involves the expansion of a cogeneration plant fuelled with sugar cane bagasse from 9 MW to 34 MW in the municipality of Conceicao das Alagoas, state of Minas Gerais. Usina Caete –part of the Carlos Lyra Group- owns the Caete Cogeneration project. In November 2005, Banco Nacional de Desenvolvimiento Economico e Social (BNDES) approved a US$36 million (80 million real) to Usina Caete - Filial Volta Grande; while the company was relying US$12.2 million (27 million real) on equity. In addition to funding the expansion of the power plant, part of the funds were also destined to increase sugar plantation. The loan from BNDES was approved under the Financial Support Program for Investments in Alternative Sources of Electric Energy (PROINFA). PROINFA was a government sponsored renewable energy program in which wind, biomass, and small hydro projects selected for development received access to BNDES financing and/or were guaranteed 20-year power sales contracts with federal utility Eletrobras. Commercial operations commenced in October 2006. |
Original sector | Energy |
Budget |
Location
Country | Brazil |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Biomass, Commercial, Power Generation (CCGT), Government, Hydro, Geothermal, Wind, Raw Materials, Power Transmission, Manufacturing (Industrial) |
Article published date | 2024-09-21 |
Research
Free account
View all details
You are reading the public part. A free account opens the rest:
- Every detail on this project
- News and media coverage
- Technical research
Free account · no card · lands you back on this project