Preliminary license issued for Belo Monte project

摘要

Brazil's environmental authority, Ibama, issued a preliminary license for the 11,200-MW Belo Monte hydro project in the Amazon region, subject to a number of conditions covering environmental concerns and other issues.rnThe preliminary license allows the auction for construction of the project to proceed. Belo Monte will cost at least 16 billion reais (US$9.3 billion), according to the Brazilian Association of Infrastructure and Basic Industries.