A final approval was provided by the environmental agency for the hydroelectric power plant in the rain forest of Amazon. There has been a protracted between the government and the environmentalists over the indigenous people who are struggling. Even after about three decades of planning Ibama the environmental agency has now granted the license to proceed the North consortium for the dam.
The North Energy Consortium is the third largest which has the capacity to produce about 11,200 megawatts of electricity. The fight against the Belo Monte dam would not be left out as it would cause flood Xingu river basin affecting many fishermen. The major priority for the last government was critical and needed for the future energy needs of Brazil and has remained committed. The robust technical analysis was done then only the license has been granted by the environmental agency according to the news.
North Energy Consortium will be paying about $1.9 billion for the sake of social environmental measures and help the affected people. The environmental effects has made the consortium give so much amount and the government committed about $314 million stated the spokesman. Increasingly critical are the conservationists and have taken steps to protest the rain forest Amazon and stop the deforestation. A important choice has been taken by government bring in economy leader and get a natural investment secure environment stated Stephen from the environmental defense fund.