The contract, which is classified as a “Works” contract, has a base price of €36 million. The term for the execution of the contract is set at 650 days.
More details here: A488007713
The company has stated that the contract will take environmental criteria into account and that the successful bidder must present the necessary certificates and permits to demonstrate their professional qualifications.
The expansion of the Pico Vermelho geothermal power plant is part of EDA Renováveis’ plan to increase its production of renewable energy and reduce its dependence on fossil fuels. The company has committed to achieving carbon neutrality by 2040 and invests in various renewable energy sources such as geothermal, wind and solar. Earlier this year, EDA Renováveis had also announced a public tender for the construction of a new geothermal power plant (Pico Vermelho Phase B) which will increase the installed capacity of the Pico Vermelho site to 20 MW.
