Clipping of news on Brazilian Culture, Law and Citizenship
09/05/2012
This article was translated by an automatic translation system, and was therefore not reviewed by people.
SAO PAULO - The president of the National Electric Energy Agency (Aneel), Nelson Hübner, said that there may be a reduction in energy tariffs of up to 10% with the renewal of concessions in the electricity sector that begin to expire in 2015.
"We did simulations and the reduction can be up to 10%, depending on the assumptions and criteria that will be used."
Hübner said he expects the proposal on the fate of winning concessions that are to be completed by the government later this month and may include quality requirements to be met by distributors.
In 2015, 67 hydropower plants will have their leases expired, representing 18,200 megawatts, and thermal power plants, distribution and transmission lines. Under the legislation, with the end of the concessions, the plants must undergo a new auction, but the government can change the law and extend the current contracts.
Source: InfoMoney
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This article was translated by an automatic translation system, and was therefore not reviewed by people.