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    Home > Chemicals Industry > International Chemical > Brazil completed a $3.4 billion tender for a power transmission project

    Brazil completed a $3.4 billion tender for a power transmission project

    • Last Update: 2022-12-28
    • Source: Internet
    • Author: User
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    Brazil's power sector regulator Aneel said recently that the winning project in the country's latest transmission project auction has an investment of 13.
    2 billion Brazilian reals ($3.
    43 billion / 2.
    99 billion euros).

    The regulator said Neoenergia SA, a subsidiary of Spain's Iberdrola SA (BME:IBE), was the biggest winner of the auction
    .

    At present, all 16 target transmission projects have completed the tender, with a cumulative total of 7,152 km of transmission projects and substation construction, with a total capacity of 14,819 MVA
    .

    According to the plan, these transmission projects will be distributed in 13 Brazilian states with a 30-year concession period of 48 to 60 months
    to implement.

    The auction includes transmission projects
    previously held by regional energy company Eletrosul.
    The company failed to reach an agreement on the transfer to Shanghai Electric Group Co.
    , Ltd.
    and lost rights
    to the project.

    Brazil's power sector regulator Aneel said recently that the winning project in the country's latest transmission project auction has an investment of 13.
    2 billion Brazilian reals ($3.
    43 billion / 2.
    99 billion euros).

    Transmission projects

    The regulator said Neoenergia SA, a subsidiary of Spain's Iberdrola SA (BME:IBE), was the biggest winner of the auction
    .

    At present, all 16 target transmission projects have completed the tender, with a cumulative total of 7,152 km of transmission projects and substation construction, with a total capacity of 14,819 MVA
    .

    According to the plan, these transmission projects will be distributed in 13 Brazilian states with a 30-year concession period of 48 to 60 months
    to implement.

    The auction includes transmission projects
    previously held by regional energy company Eletrosul.
    The company failed to reach an agreement on the transfer to Shanghai Electric Group Co.
    , Ltd.
    and lost rights
    to the project.

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