Portugal to invest 1 billion euros in new hydros

10 January 2006

Lisbon, Portugal, 10 Jan – The Lisbon government is going to launch a tender for the building of five projects for the building and modernization of hydroelectric dams in Portugal, an official has announced.

Economy Minister Manuel Pinho told the Lisbon daily Diario de Noticias on Monday that the Socialist government would launch a tender for a new dam at Linhares, in addition to building projects already announced at Baixo Sabor and Foz do Tua, as well as the enlargement of the Picote and Bemposta dams.

All the building and upgrading projects are in northern Portugal.

Pinho said total investment in the dam construction schemes would amount to 1 billion euros.

Portugal currently produces 25 percent of its electricity from hydroelectric dams, although power generated from thermal and renewable energy plants is increasing.

Lisbon’s economy minister also said that the government would launch an international tender this year for between six and seven thermal power stations with a total generating capacity of 2,800 Mwatts. (macauhub)