24 transmission lots - Transmission Facilities Concession

Project stage info

Stage 1: Initial Government Announcement

Completed

Government Sponsor
National Electricity Energy Agency (ANEEL), Ministry of Mines and Energy (MME)

Form of project announcement
Government announcement

Project Rationale
The auction aims to grant public electric power transmission service including the construction, assembly, operation and maintenance of transmission installations. The company that offers the lowest Annual Permitted Revenue (RAP) will be declared the winner for the provision of the public transmission service of each of the lots. The studies prior to the bidding process in the reports (R1, R2, R3 and R4 Reports) of the Energy Research Company (EPE) took into account technical economic, socio-environmental consideration preliminary layout and engineering definitions. Thus, the implementation of these projects is in compliance with the planning solutions for the expansion so as to maintain reliability and the guarantee of fulfilling the electric energy demand. In this context, the priority of this project in the government agenda is clear, since in addition to the importance reported in planning instruments and studies, there is an opportunity to increase investments and jobs. It is estimated that the implementation of the 24 lots will create more than 19,000 direct jobs.

Indicative timetable of project development
Bidding Documents: 2nd quarter 2018 Auction: 2nd quarter 2018

Any project documents that are publically available about the project
Project's progress

Project looking for additional PPF assistance
No

Project looking for additional MDB assistance
No

Is project multi jurisdictional?
No

Stage 2: Project Investigation

Completed

Value
2,544.8 M USD
8,800 M BRL

Indicative Funding Source
Government Based

Have any external advisors been appointed yet
No

Is the project contained in national/sub national infrastructure plan or strategy
Yes

Plan/Strategy Document URL:
http://www.avancarparcerias.gov.br/projects

Please outline any studies (for example environmental, engineering etc.) that will be completed prior to a full business case development
The studies prior to the bidding process in the reports (R1, R2, R3 and R4 Reports) of the Energy Research Company (EPE) took into account technical-economic, socio-environmental and engineering.

Opportunity for Private Sector Involvement
Equity, Debt - Private Sector, Construction, Operations, Advisors, Debt - Concession

Stage 3: Start of Project Feasibility / Business Case

Completed

Legal Advisors Appointed
No

Financial Advisors Appointed
No

Technical and Other Advisors (inc Project Preparation Facility) Appointed
No

Is a Business Case Being Prepared?
Yes

Business Case Prepared By
Government

Preparer company/department name
Energy Research Company

Estimated Business Case Completion Date
Q1 2018

Estimated Time To Start Of Procurement
Q2 2018

Any other relevant information relating to the project process
This concession is aligned with the sectoral guidelines contained in the planning of the National Interconnected System (SIN) expansion, so as to maintain adequate service to the Brazil's electric power market. The National System Operator (ONS) and the Energy Research Company (EPE), which, in compliance with their respective legal responsibilities, issue the Plan for the Expansion and Reinforcement in the Basic Network and Planning Studies on the Expansion of Transmission Systems - both submitted to the sectorial planning of the Ministry of Mines and Energy (MME).

Stage 4: Project Feasibility / Business Case Complete

Completed