Fonte: ANEEL

The Special Bidding Commission (CEL) published, on Aneel’s electronic page (www.aneel.gov.br), the edict’s Procedure Manual for the auction of energy from the Jirau hydroelectric plant, which will be built on the Madeira River, in Rondônia. The complete Manual, edict, chronogram and documentation related to the bidding are available on the profile Espaço do Empreendedor at the link Editais de Geração/Leilão 005/2008.

Among the information contained in the document is the definition of time, at 2:00 p.m., for carrying out the auction of the second plant of the Madeira River Complex, to be promoted by Aneel on May 12^th (Monday) at the Agency’s headquarters in Brasília. The Manual also brings the dates and times of systematic training and auction simulation. The information is also available on the virtual space of the homepage of Aneel’s electronic page: www.aneel.gov.br/complexomadeira.

Enrollment – The companies interested in participating in the auction should deliver the enrollment documents today (04/28) and tomorrow (04/29) at the Maksoud Plaza hotel, on Alameda Campinas, Bela Vista neighborhood, in São Paulo, from 10 a.m. to 5 p.m. After the enrollment, the companies that delivered the documentation shall make the deposit of the guarantees next Wednesday (04/30), also at Maksoud Plaza hotel, from 10 a.m. to 5 p.m. For the proponents (salespeople), the guarantees correspond 1% of the investment value; and for the buyers, it corresponds to the value of R$ 2 mil per average megawatt (MW) demand declared. After the documentation analysis, CEL will disclose the list of proponents and buyers apt to participate in the auction this coming Friday, May 2^nd.

Work-task – Over the past few days, approximately 50 lawyers from the Union and federal procurators – servers of the Union’s General Advocacy (AGU) – intensified the exchange of information about the UHE Jirau auction with the federal procurators who perform at Aneel. The purpose of this ‘data network’ is for all to be apt for judicial defense of possible actions or preliminary junctions that may cancel or postpone the auction of the second plant in the Madeira Complex. Last week, more than 20 AGU lawyers and procurators, from all regions, received a training at the Agency about the edict’s structure, the auction’s systematic, Aneel’s role in the energy auctions and procedural strategies, among other themes.

Auction – The ceiling price was set by the Ministry of Mines and Energy (MME) at R$ 91.00 per megawatt-hour (MWh). The auction format foresees that the winner be he who offers the best bid in Real per megawatt-hour (R$ per MWh) for energy which will consist in the contracts of commercialization in regulated environment (CCEAR). The contracts for the generation of energy for the National Integrated System will last for 30 years. The Ministry also defined that at least 70% of the energy will be designated to the Regulated Contracting Environment (ACR), starting in 2013, operation entrance date of the first turbines.

The Jirau plant will have 3,300 megawatts (MW) of capacity installed and physical guarantee of an average of 1,975.3 MW. The total investment value, assessed by Empresa de Pesquisa Energética (EPE), for building the UHE Jirau was defined in R$ 8.7 billion, with a reference date of October 2007.

According to the guidelines set by MME Ordinance nº 36/2008, the edict foresees that the team shareholder participation of suppliers and builders should not be over 40% in the participant consortiums of the auction and 20% of the Specific Proposal Society (SPE) which should be constituted if the winner if a consortium, Investment Fund, foreign company or Complementary Social welfare Entities. Also there is the possibility of the entrance of strategic partners in the shareholder composition of the SPE that should follow the minimum standards of corporate governance established in the New Market of the São Paulo Stock Market to provide transparency in the company’s management, qualified quorum for strategic decisions among other aspects.

The auction will be open to the participation of public or private national companies, in an isolated manner or gathered in consortiums.