Brazil announces auction for 42 transmission projects

Tuesday, October 7, 2014

Forty-two projects in 10 states will be offered to developers at Brazil's next transmission auction in December, local sector regulator Aneel said on Tuesday.

Minas Gerais state has the largest number of proposals with 11, followed by Bahia and Santa Catarina with seven each, Aneel said in a statement.

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Other states to feature in the auction are Alagoas, Rio Grande do Sul, Rondônia, Piauí, Maranhão, São Paulo and Goiás.

Contracts will be awarded to bidders offering the lowest annual revenue from future operations.

The auction is expected to be held on December 19 at the BM&FBovespa headquarters in São Paulo.

BNamericas will host its 11th Southern Cone Energy Summit in Lima, Peru, on November 12-13. Click here to download the agenda.