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ARTICLE · 03 OCTOBER 2005

ANEEL Prepares for Next Round of Electricity Auctions

Barretto Ferreira, Kujawski, Brancher e Gonçalves – Sociedade de Advogados
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The Brazilian Electricity Agency (ANEEL) has made available on its website a proposed notice of the third and fourth auctions for the purchase of electricity from existing generator enterprises.

BrazilEnergy and Natural Resources

By Ricardo Barretto and Milene Coscione

The Brazilian Electricity Agency (ANEEL) has made available on its website a proposed notice of the third and fourth auctions for the purchase of electricity from existing generator enterprises. A proposed invitiation to bid and contract is also available on the website. The final versions of the documents, as well as the bidding timetables, dates and locations for the auctions, will be approved by ANEEL as soon as the Ministry of Mines and Energy defines the format of the auctions.

According to the proposed notice electricity lots of 1.0 megawatts will be traded. The third auction will offer three-year contracts for supply from January 2006 to December 2008. In the fourth auction the contracts will be for eight years, with supply from January 2009 to December 2016. The initial prices of each lot are expected to be decided by the ministry.

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