Brazil Power Auctions
Published March 15th, 2007
Brazil’s federal government has delayed to June from May the country’s two main power auctions and will try to auction licenses for the 6,445MW Madeira complex in July, a mines and energy ministry spokesperson told BNamericas.
The government wants to give project developers more to time prepare documentation for the auctions, the spokesperson said.
The government had scheduled for May 24 an auction for smaller power projects that would start commercial operations in three years time. The auction for bigger projects that would start commercial operations five years after the auction was due May 10.
The May 24 schedule for the renewables auction will not change, the spokesperson said.
The government has already published a preliminary shortlist of 205 projects with combined capacity of 25,496MW for the first two auctions.
The projects must conclude registration at the government’s energy research company EPE.
EPE previously extended the deadline for registering the projects to March 16 from March 12.
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