Brazil's government task force analyzing the procedure to renew hydroelectric concessions is due to present its report to President Luiz Inácio Lula da Silva very soon, according to a top industry executive.
"What I heard is the group is putting the final touches to deliver a preliminary report to the president," said Dilton da Conti Oliveira, president of federal power company Chesf.
"I don't know whether the government will renew concessions or not, but I believe whatever the decision, it will go for all states and private companies," he said in Rio de Janeiro at the 12th Brazilian Energy Congress.
The company has eight hydro plants with total installed capacity of 9.2GW whose concessions expire in 2015. In addition, the 1.05GW Sobradinho hydro plant's concession terminates in 2022.
Chesf criticized the São Paulo state government's stance in the case of its power generator Cesp.
"The state government wanted special treatment for Cesp so it could go ahead with the auction to privatize the company," Oliveira said.
The auction failed last year on fears Cesp would not get concession renewals for its Jupiá and Ilha Solteira plants. The two plants have a combined capacity of 5GW and their concessions expire in 2015.
The government automatically renews concession rights at no cost after they first expire. The second time they expire, the government launches bidding for the concession.
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