Bidder pulls out of Belo Monte dam

Chris Sleight

09 April 2010

Odebrecht and Camargo Correa have reportedly pulled out of the bidding process for the US$ 10.7 billion Belo Monte hydroelectric power project.

Their withdrawal leaves only one bidder in the running.

Local news reports say the two companies pulled out of due to concerns about the auction process for the…

Please login to continue reading!

Once you login you will receive unlimited access to KHL.com

  • FREE high value digital reports
  • Presentations from KHL events
  • Videos and magazine archive
  • Subscribe to magazines
  • Register for e-newsletters
  • Webinar recordings

Don’t miss out on the latest information!