Belo Monte Dam Belo Monte Dam The Belo Monte Dam ("formerly known as" Kararaô) is a hydroelectric dam complex currently under construction on the northern part of the Xingu River in the state of Pará, Brazil. The planned installed capacity of the dam complex would be 11,233 megawatts (MW), which would make it the second largest hydroelectric dam complex in Brazil and fourth largest in the world by installed capacity, behind the Three Gorges Dam and the Xiluodu Dam in China and the Brazilian-Paraguayan Itaipu Dam. Considering the oscillations of flow river, guaranteed minimum capacity generation from the Belo Monte Dam would measure
Three Gorges Dam government estimated that the Three Gorges Dam project would cost 180 billion yuan (US$22.5 billion). By the end of 2008, spending had reached 148.365 billion yuan, among which 64.613 billion yuan was spent on construction, 68.557 billion yuan on relocating affected residents, and 15.195 billion yuan on financing. It was estimated in 2009 that the construction cost would be recovered when the dam had generated of electricity, yielding 250 billion yuan. Full cost recovery was thus expected to occur ten years after the dam started full operation, but the full cost of the Three Gorges Dam was recovered by December