Brazil extends CESP concession for 1,540-MW Sergio Motta

Brazil’s Ministerio de Minas e Energia (MME) has extended the operating concession of the 1,540-MW Sergio Motta hydroelectric project for another 20 years.

The mines and energy ministry published a decree March 18 allowing utility Companhia Energetica de Sao Paulo (CESP) to continue to operate Sergio Motta, previously known as Porto Primavera, until 2028. CESP began operating the project in 1978 on the Parana River in Sao Paulo and Mato Grosso do Sul states.

Brazil’s electricity regulator, Agencia Nacional de Energia Eletrica (ANEEL), recommended the extension in January as the Sao Paulo State government resumed its plans to sell its major stake in the hydropower utility. (HNN 1/29/08) Sao Paulo State plans to auction a controlling stake in CESP on March 26. (HNN 2/22/08)

ANEEL told MME, the granting agency, that the extension is foreseen by Brazilian law and by the generation concession contract with CESP. The current concession would have expired in May 2008.

The third-biggest power generator in Brazil, CESP owns more than 7,000 MW of hydropower. Its other hydro projects include 3,444-MW Ilha Solteira, 1,551-MW Jupia, 808-MW Tres Irmaos, 86-MW Paraibuna, and 28-MW Jaguari.

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