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China Three Gorges1 (CTG) on Wednesday won the rights to operate two major hydroelectric plants in Brazil, the Brazilian Electricity Regulatory Agency (Aneel) said.
巴西电力监管机构宣布,中国三峡集团周三获得巴西两座大型水电站的运营权。
The Brazilian government auctioned2 on Wednesday 29 hydroelectric power plants whose concession3 contracts are about to expire, and the Chinese company managed to win the rights to what was regarded as the best lot.
The CTG would be able to operate Ilha Solteira and Jupia plants, the two largest of 29 plants on offer, and inject 13.8 billion reais (3.7 billion U.S. dollars) into the government's coffers.
In all, Brazil raised 17 billion reais (4.5 billion dollars) in bidding on the concessions4 to the hydroelectric plants that together represent 296,000 megawatts (MW) of installed capacity, the agency said.
The bidding on the 30-year concessions took place at the Sao Paulo Stock Exchange.
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