en.Wedoany.com Reported - The Brazilian Federal Court of Accounts approved on June 24 the inclusion of four transmission lots in the transmission auction scheduled for July 3, which involve contract terminations with MEZ.

The approval came after a self-composition agreement was reached between the Ministry of Mines and Energy (MME) and MEZ within the framework of the External Secretariat for Consensus Resolution and Conflict Prevention (SecexConsenso) of the Federal Court of Accounts.

The total annual permitted revenue (RAP) cap for Lots 7 to 10 is 315.2 million reais, with an estimated total investment of 1.758 billion reais. The auction is scheduled to take place at 2:00 PM at B3 headquarters in São Paulo.

Under the approved agreement, MEZ is allowed to bid on Lot 8.

Lot 7, located in the state of São Paulo, includes the North-São Miguel 345 kV underground transmission line (Circuits 1 and 2), the São Miguel-Ramón 345 kV underground transmission line (Circuits 1 and 2), and the 345/88 kV São Miguel substation. This is the largest of the four lots, with an annual permitted revenue cap of 201.5 million reais and an estimated investment of 1.089 billion reais.

Lot 8, located in the state of Mato Grosso do Sul, includes the 230/138 kV Iguaçu 2 substation and the 230 kV transmission line segment between the Iguaçu 2 substation and the Guaíra-Dourados C1 line. The annual permitted revenue cap is 26.5 million reais, with an estimated investment of 150.7 million reais.

Lot 9, located in the state of São Paulo, includes the 230/88 kV Dom Pedro I substation, the 230 kV line segment between the Dom Pedro I substation and the São José dos Campos-Mogi das Cruzes line, and the 88 kV line segment between the Dom Pedro I substation and the Mairiporã-Jaguari C1/C2 lines. The annual permitted revenue cap is 37.9 million reais, with an estimated investment of 224.6 million reais.

Lot 10, located in the state of Mato Grosso, includes the 500/138 kV North Cuiabá substation and the 500 kV line segment between the North Cuiabá substation and the Jauru-Cuiabá C2 line. The annual permitted revenue cap is 49.3 million reais, with an estimated investment of 292.8 million reais.

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