Chinese Aid Project State Grid won the bid for the construction of the first transmission line in February 2014

Funder	whereas two minority partners are controlled by Eletrobras: Eletronorte (24.5 percent) and Furnas (24.4 percent).
Recipient Organization	Unknown
Country	Unknown
Start Date	Jan 21, 2011
End Date	May 22, 2030
Duration	7,061 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`State Grid won the bid for the construction of the first transmission line in February 2014`

Grant Description

forming a consortium called Belo Monte Transmissão de Energia (BMTE).

State Grid retained control with 51 percent Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.