Brazil's power regulator Aneel has auctioned contracts to build, operate and maintain 2,044km of transmission lines and 22 substations in two states.
The 36 lines will link biomass and small-scale hydro plants to the national grid. Aneel auctioned the generators on August 14, when 27 projects sold roughly 2GW of capacity.
Investments in the lines and substations are due to reach 1bn reais (US$422mn), according to Aneel.
COBRA
Spanish company Cobra Instalaciones y Servicios won the right to build and operate 14 transmission lines totaling 793km and seven substations in Mato Grosso do Sul state.
Cobra offered 48.6mn reais in annual revenue, 18% below the 59.2mn-real starting price.
ELECNOR
Brazilian transmission company Elecnor, a subsidiary of Spanish group Elecnor, presented the winning bid for the second block, winning the rights for 616km of nine transmission lines and seven substations in Mato Grosso do Sul state.
The group submitted the lowest bid of 34.8mn reais in annual revenue, 10% below the 38.6mn-real initial price.
TRANSENERGIA CONSORTIUM
The Transenergia Renovável consortium won 13 transmission lines totaling 635km and eight substations in Mato Grosso do Sul and Goiás states with an offer of 34.5mn reais, 19.2% below the 42.67mn-real starting price.
The consortium is made of federal power company Furnas with a 49% stake and engineering firms Delta Construções and Fuad Rassi with 25.5% each.
All lines are due to be built within 18 months. Contract signing is scheduled for January 2009.
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