Aneel concludes auction of transmission lines with an average discount of 28.43%

Fonte: ANEEL

The 11 lines were capped with discounts that had variation  from 0.01% to 32.44%.

The Brazilian Energy Agency (Aneel) concluded successfully the transmission auction held today (11/27), in Rio de Janeiro.  All grants of the 11 lines and eight substations were awarded to companies and consortia in Brazil and Spain.  The offered proposals had discounts ranging from 0.01% to 32.44%.  The average discount was 28.43%.

In an interview at the end of the event, General Director of Aneel, Nelson Hübner, said the auction result was ‘positive and all lots were sold. Only one of the lots received a small discount, but we expected this outcome’. Hübner said Aneel sets the Allowed Annual Revenue (RAP) for each auction, reducing the values for each event.  ‘As we saw the high discounts, we ourselves found a way to reassess the values’, he said.

According to the general director, the highest RAPs usually generate the most significant discounts, this is because the bigger the RAP, the greater the investment and the competition among companies.  The battle for new developments result in benefit to end users of energy.

In the auction, companies and consortia that offered the lowest fare, i.e. the lowest annual income allowed (RAP) for the service, were declared winners.  Discounts recorded from the annual income allowed provided in the announcement and the auction will result in benefits to consumers, since the rate of use of the transmission system is a component of cost of the tariff paid by the end consumer to the distributors, and contribute to increased competitiveness of the productive sector.

The period of transmission concessions is 30 years and is destined for construction, operation and maintenance of 1,079 miles of 11 lines and eight substations of the basic network to be built in the states of Amazonas, Bahia, Ceará, Espírito Santo, Goiás, Maranhão , Mato Grosso and Minas Gerais. The projects will generate 6.8 thousand direct jobs and go into operation between 15 and 24 months after the signing of concession contracts.  The total investment for the construction of lines are estimated at R$ 1.3 billion.

Dispute  – The Goiás Transmissão Consortium, composed by J.  Malucelli Construtora de Obras S/A (31%), Furnas Centrais Elétricas S/A (49%) and Engevix Engenharia S/A (20%) was the winner of the plot by offering a bid of R$ 33,750,000.00, which represented a discount of 32.44% over the initial RAP.  The largest batch of the event, with 259 kilometers of transmission lines, also recorded the largest discount.

Spain‘s Cobra Instalaciones y Servicios S/A scooped the lot with the discount of 26.19% over the initial price, which corresponds to the Annual Income Allowed of R$ 20,916,000.00.

The Consórcio Nordeste, formed by Companhia Hidro Elétrica do São Francisco (49%) and ATP Engenharia Ltda. (51%), was the winner of Lot C offering a bid of R$ 20,485,296.00, representing 30.99 % of lower percentage compared to RAP.

Consórcio Alupar Bimetal, composed of Alupar Investimento S/A (60%) and Bimetal Industrial Ltda.  (40%), scooped lot D, with the provision of R$ 8,424,000.00 which represented a discount of 12.03%.

In group E, the winner was Furnas Centrais Elétricas S/A with the discount of 32%.  The company offered the RAP of R$ 5,269,680.00, which made it the winner.

Companhia Hidro Elétrica do São Francisco (Chesf) was the winner in lot F with the final RAP of R$ 6,976,224.00, a figure 31% lower than the initial RAP.

Lot G, was won by the Consórcio MGE Transmissão, composed by J. Malucelli Construtora de Obras S/ (20%), Furnas Centrais Elétricas S/A (49%) and Engevix Engenharia S/A (31%).  The group offered R$ 23,007,108.00, representing a discount of 28.02%.

The last lot (H) was bought by Centrais Elétricas do Norte do Brasil S/A (Eletronorte) which offered R$ 3,454,000.00, a value 0.01% lower than the original Revenue, the lowest discount in the auction.

Below is the list of winners by lot, and details of concessions auctioned today: 

LOTA

ENTERPRISE

Voltage

(kV)

Approx

Extension

(km)

Location

LT Rio Verde Norte – Trindade, CD

500

193

GOIÁS

LT Trindade – Xavantes, CD

230

37

Goiás

LT Trindade – Carajás, CS

230

29

Goiás

SE Trindade, 1200 MVA

500/230

Goiás

Subtotal –

259