Josué Neto asks BASA investments in the electricity sector of the State

For parliamentary, there is difficulty in approving projects submitted to the bank dealing in investments in the energy sector.
19/10/2017 15h29 - Updated 20/10/2017 17h11
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The state deputy Joshua Neto (PSD) He requested the President of the Banco da Amazônia (BASA), Marivaldo Melo attention to investment projects in the electricity sector, mainly to expand the power distribution network to cities in the state and. The request was made during the Special Session of the celebration 75 BASA years in the Amazon, held on Wednesday (18), the plenary of the Legislative Assembly of Amazonas (hazard).
For Josué Neto, there is difficulty in approving projects submitted to the bank dealing in investments in the energy sector.

The parliamentarian said that the main input for rural and industrial production and consequently to the Amazon economy.

"This is a call not only from Manaus but of all who live in the headquarters and in rural inland districts. We do not have such an important raw material for the production or rural industry. Manaus need the support of the BASA. The state needs these investments to have a quality of energy ", said Neto.

The President of the BASA, Marivaldo Melo, I said that the bank is at the limit of investments in the energy sector due to two major funding that the financial institution held, who were the Linhão Tucuruí, that has linked Manaus and southeast of the Amazon to the National Interconnected System (WITHOUT) and the hydroelectric plant Santo Antonio, located on the Madeira River, Rondônia.

"We have a problem because of the regulatory capital of the Bank in this sector. We have reached the limit because resources invested there in San Antonio, Rondônia, and we invest in this Linhão and our limit arrived at the top. So today we will only be able to make investments in power generation when we reduce the amount that these two great financing ", he said.

Marivaldo also said that there BASA created a line of credit that is that will benefit small farmers in the Amazon they want funding for photovoltaic power generators (solar energy).

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