Aneel approves auction for energy transmission; investments will be $1.4 bn

The National Electrical Energy Agency (Aneel) approved the announcement of the transmission auction to be held in December. There will be 25 transmission lines and 12 substations. The works will require investments of R$7.350 billion ($1.4 bn) and delivery time between 42 and 60 months. It is estimated that 15 thousand jobs will be generated. The contracts will have a 30-year term.

Source: UOL Economia