Protest Over Brazil Hydro Drives Delay and Boosts Cost
This article is for subscribers only.
Protests by indigenous people in Brazil’s Amazon region over hydroelectric projects are boosting costs for companies building dams including Odebrecht SA and Grupo Andrade Gutierrez SA, said Energy Minister Edison Lobao.
The developers “claim that the invasions raise the projects’ costs, and in fact it does, and can even cause the stoppage of works,” Lobao told reporters in Brasilia today.