Sterlite Power Unit secures 2nd lot in transmission auction in Brazil
Mon, Dec 27, 2021 3:45 PM

Sterlite Power Unit secures 2nd lot in transmission auction in Brazil

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Sterlite Brazil Participações SA, a unit of Sterlite Power Transmission secured the second lot in the transmission auction, promoted by the National Electric Energy Agency (ANEEL) in São Paulo. The annual permitted revenue (RAP) of the project is BRL 7.093 million ($1.3 million). It translates to a discount of 66.9% against the maximum amount of BRL 20.914 million ($3.8 million).

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