Sterlite Power has signed a concession agreement for batch 13, won in auction No. 04/2018. The Director General, ANEEL and authorities representing the Brazilian Government were present for the signing. The agreement was finalized during the first technical management meeting with ANEEL’s Superintendence of Concessions, Permissions and Authorizations for Transmission and Distribution (SCT).

The batch includes the construction of three energy transmission lines, for a total length of 316 km, two substations and 1,544 MVA transformation capacity, with Annual Allowed Revenue (RAP) of BRL 74.72 million and an investment of BRL 777.8 million. According to ANEEL’s deadline, the project is expected to be completed in March 2023, and signing the concession agreement represents an important milestone in its evolution.