Sterlite Power has signed the Concession Agreement for batch 13 that the company has won during auction No. 04/2018. The agreement was finalized during the first technical management meeting with ANEEL’s Superintendency of Concessions, Permissions and Authorizations for Transmission and Distribution (SCT).
The batch 13 includes the construction of 3 energy transmission lines, for a total length of 316 km, two substations and 1,544 MVA transformation capacity, with Annual Allowed Revenue (RAP) of BRL 74.72 million and an investment of BRL 777.8 million.
The project is expected to be completed in March 2023.
Country updates
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May 23, 2019
Brazil inaugurates solar PV project in Ceilandia Norte
The Government of Brazil has inaugurated the solar project developed on a 12 hectares of land in Ceilandia Norte, Brasilia. The facility is developed under the Public-Private Partnership (...
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May 22, 2019
Eletrobras is set to sell stakes in wind assets
Brazilian state controlled power distributor Centrais Eletricas Brasileiras SA (Eletrobras) is set to sell its minority stakes in 45 special purpose companies (SPEs), mainly holding win...
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May 22, 2019
Nebras Power completes purchase of an 80% stakes in 482.6 MW Brazilian solar PV portfolio from Canadian Solar
Nebras Power Investment Management, the Dutch subsidiary of the Qatar-based Nebras Power, has closed an agreement with Canadian Solar to acquire an 80% stake in a 482.6 MW solar photovoltaic portfolio...
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May 22, 2019
Engie Brasil sets to put online the 360 MW Umburanas wind complex
Engie Brasil Energia has received a go-ahead notification from power sector regulator Aneel to put online the final piece of its 360-MW wind power complex. The 360 MW Umburanas complex involves...
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May 15, 2019
CADE approves stakes acquisition of Light, Cemig to Renova
The Brazilian antitrust regulator Cade has approved Light SA and Cemig SA planned purchase of the shares in the renewables developer Renova Energia SA. Light SA and Cem...
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