Brazil

Brazil conducted its largest-ever auction for power transmission lines on Friday, as announced by the Ministry of Mines and Energy.The auction, with an expected investment volume of 15.7 billion Reais (approximately 3.257 billion dollars), took place at the São Paulo Stock Exchange and included nine power transmission lots spread across different regions of Brazil.The companies awarded the contracts will be responsible for constructing, operating, and maintaining 6,184 kilometers of transmission lines and substations with a transformation capacity of 400 Megavoltamperes (MVA)."Today is a historic day.

This is our country's largest auction .

.

.To read the full NEWS and much more, Subscribe to our Premium Membership Plan.

Already Subscribed? Login Here





Unlimited Portal Access + Monthly Magazine - 12 issues-Publication from Jan 2021


Buy Our Merchandise (Peace Series)

 


Contribute US to Start Broadcasting



It's Voluntary! Take care of your Family, Friends and People around You First and later think about us. Its Fine if you dont wish to contribute and if you wish to contribute then think about the Homeless first and Feed them. We can survive with your wishes too :-). You can Buy our Merchandise too which are of the finest quality.

Debit/Credit/UPI

UPI/Debit/Credit

Paytm


STRIPE


Oil's Slip Amidst Market Vigilance


Ibovespa Dips Slightly in Varied News Climate


European Stocks Rise, Frankfurt Hits New High; Repsol Gains After JV Deal


$11 Billion Bet Against Crypto May Cause Squeeze


Senegal Embraces New Era with Faye's Presidency


Oil Prices Rise Amid Weakening Dollar and Escalating Russia-Ukraine Tensions


European Markets Close Mixed Amid Record Highs in Frankfurt


Dollar Closes Lower at R$ 4.97 After Touching R$ 5


Ibovespa Dips Below 127,000 Amid Varied Results


A.I. and Cleantech Drive Historic Electricity Surge


Wall Street Indices Hit New Highs After Fed Decision and Powell's Remarks


[Brazil] - Ibovespa Surges as United States Rate Cut Expectations Grow


[Brazil] - Dollar Falls Below R$ 5 as Fed Holds Rates


[Brazil] - Bitcoin Rebounds Alongside Wall Street, Trimming Weekly Losses


Argentina Faces Economic Dip in 2023, Aims for Recovery


[Brazil] - Chilean Peso: Standout Volatility in a Stabilizing Latin America


Fed Keeps Rates Steady, Foresees Hike in Future





70