Teles Pires Hydroelectric Plant (HPP), with an installed capacity of 1,820 MW, has enough energy to supply approximately 5 million inhabitants, which gives it the title of one of the most efficient hydroelectric plants in Brazil.
The plant was bought by the Teles Pires Energia Eficiente Consortium, at the last generation auction of 2010 of the National Electric Energy Agency (Aneel). After the purchase, the Companhia Hidrelétrica Teles Pires S/A was created, consisting of the companies Neoenergia (51%), Eletrobras-Eletrosul (24.5%) and Eletrobras-Frunas (24.5%). The Company was responsible for building and putting the project in operation.
Located on the Teles Pires River, the plant is on the border of the states of Pará and Mato Grosso, in the municipalities of Jacareacanga (PA) and Paranaíta (MT).
The Teles Pires HPP is an infrastructure project contemplated in the Federal Government's Growth Acceleration Program (PAC).
In 2010, the Teles Pires Energia Eficiente Consortium wins the plant at the last Aneel generation auction.
In August 2011, the Companhia Hidrelétrica Teles Pires S/A signed the contract for the construction of the Teles Pires Hydroelectric Power Plant. The project goes into operation in the second half of 2015.
The total investment of the works was around R$4 billion. In addition, the construction period collected taxes for the municipalities of Alta Floresta, Paranaíta and Jacareacanga.
The Teles Pires HPP enables the development of environmental projects that act in the preservation of fauna, flora, water and local soil to minimize the possible impacts of the surrounding regions. In addition, it also develops socioeconomic projects to leverage sustainable development.