Brazil Wants $43B From Energy Tenders

Brazil’s electric power and oil and gas tenders scheduled for 2021 are expected to generate around 225 billion reais (US$43 billion) in investments, according to mines and energy minister Bento Albuquerque. 

That forecast was mentioned by Albuquerque during a public hearing in the lower house of congress on Tuesday, May 11. 

Of the total capex foreseen, 355 million reais would be related to the projects contracted in the second isolated system tender held by electric power watchdog Aneel on April 30.

Some 21 billion reais will result from the new and existing energy auctions scheduled to be carried out by the sector regulator this year. 

Another 3.2 billion reais involves the estimated investment in the undertakings to be offered in the two power transmission tenders due to be held this year. 

Also scheduled for this year is an exclusive transmission auction for Amapá state in order to improve energy security, which suffered a major blackout in 2020.

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