Brazil transmission line auctions seen attracting US$6bn

Thursday, December 7, 2017

Brazil's next transmission line auctions are expected to attract almost 20bn reais (US$6.18bn) in investment, the country's federal energy planning council (CNPE) estimates.

The auctions are scheduled to be held on December 15 and in the first half of 2018.

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The first one should attract investment of 8.7bn reais and the second another 11bn reais, CNPE disclosed during a meeting on Thursday.