Dam · Brazil

How much did Belo Monte Dam cost?

Belo Monte is a hydroelectric complex on the Xingu River in Par?, Brazil, built around the Belo Monte and Pimental powerhouses. Construction began in 2011. The first generating units entered commercial service in 2016; the eighteenth unit at the main powerhouse was cleared for commercial operation in November 2019, bringing total installed capacity to 11,233.1 MW. The Belo Monte dam itself is about 90 m high and 3,545 m long; those dimensions do not describe the entire multi-dam complex. A Brazilian energy-ministry report estimated total investment at R$42 billion shortly before full commissioning in 2019, while a later operator presentation reported R$46.7 billion of total investment including capitalized construction interest and provisions. These different-year, different-basis figures should not be added together, and neither includes a separate blanket price for the long-distance transmission lines.

Reported project cost

BRL 42 billion

Approximately $10.65 billion

Cost basis: 2019

(Altamira-PA, 09/09/2021) Vice-Presidente da República, Hamilton Mourão durante Visita à Usina Hidrelétrica Belo Monte. Foto: Bruno Batista/ VPR
Vice-Presidência da República from Brasiilia, BrasilCC BY 2.0

Cost evidence

Basis of the published figure

Reported project cost2019
gov.br

Project metrics

Key dimensions

Project record

Timeline

  1. 5 May 2016

    Opened or launched

    Brazilian Ministry of Mines and Energy

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