in Brazil. (See diagram, this page.) Claimed as the longest power
transmission lines in the world, it connects 6,450 MW of hydropower projects in Porto Velho region of the Amazon — the Santo
Antônio and Jirau Dams on the Madeira River — to the large
heavily populated cities of the south. Due for fnal completion this
year, this 7,100-MW, 600-kV HVDC line began commercial operations in the middle of 2013 and in the December, Alstom won
a contract to supply additional generation equipment to Santo
Antonio, bringing the entire plant to 3,568 MW. This new part of
the project will be concluded in December 2016, Alstom says.
New Investment in Hydro
A second key trend identifed by the IHA is the increasingly glob-
al nature of hydropower investment. Examples come from South
Korea’s investment in Pakistan.
In 2012, according to Pakistan’s Board of Investment, the 147-
MW run-of-river Patrnid Hydropower Project was set as an Independent Power Producer (IPP) development. Backed
by Korea’s K-Water and Star Hydro Power Limited (SHPL), 25 percent of the US $400 million cost of
the development on the river Kunhar will come from
them, while 75 percent will be fnanced by banks,
including Export Import Bank of Korea, Asian Development Bank, International Finance Corporation and
Islamic Development Bank.
Following this deal a consortium of Korean
companies — again including K-Water but this
time with Korean Midland Power and Posco Engi-neering and Construction — signed memorandums of understanding for US $3 billion worth of
deals for two hydropower plants on the Indus in
the Kohistan-Khyber Pakhtunkhwa district of Pakistan: the 665-MW Lower Pallas Valley and the
496-MW Spat Gah plants.
Africa is also beneftting from this type of trans-national infrastructure investment. In the country’s largest private sector investment to date, 2012 saw the
commissioning of Uganda’s 250-MW Bujagali hydro station,
which meant electricity production exceeded demand for the
Subsequently, in mid-2013, the country signed a deal with
China’s Sino-Hydro Group Ltd for the construction of the $1.65
The Rio Madeira transmission project is the
longest power transmission line in the world.
billion Karuna hydropow-
er project on the White Nile.
This 600-MW installation
is backed by Chinese credit
worth a reported 15 percent
of the total cost.
In September 2013
Uganda’s President, Yow-eri Museveni, launched
construction of Karuma,
which is due for completion
The U.S. is also reportedly
getting in on the action, considering fnancing some of the
Democratic Republic of Congo’s $12 billion Inga 3 hydropower project. According to
an interview with Bloomberg, Rajiv Shah, the head of
the U.S. Agency for International Development, reportedly said, the U.S. may add the