VELCAN
Oil & Energy - , Ile-de-France, France
VELCAN Details
Velcan develops and operates hydro power concessions in emerging markets with untapped potential. Hydro power can be an important contributor to the economic development of these countries. As of October 2015, Velcan:• Has built and operates its first hydroelectric concession in Brazil (15 MW),• owns rights related to hydroelectric concessions projects amounting to over 803 MW in India, Brazil, and Indonesia.• Develops actively, jointly with a subsidiary of PLN and a local partner, a 59 MW hydroelectric project in Indonesia.• Has launched construction of Suka Rame, a 7 MW hydroelectric power plant in Sumatera, Indonesia.Velcan has offices in Luxemburg, Singapore, New Delhi, Jakarta and Saõ Paulo and maintains personnel on its concession sites. Velcan is listed on the Paris Stock Market (Euronext Alternext/Ticker ALVEL/ISIN FR0010245803).
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