TRANSMISSION LINES NEWS - BRAZIL NEEDS TO INVEST $23 BILLION FROM NOW TO 2019

This news is written by By João Carvalho / Business News Americas
Source may be found here.

Brazil needs to invest 39bn reais (US$23.5bn) between now and 2019 in new transmission lines as part of the initiative to keep power supply stable in face of the country's economic growth, according to a study from the government-linked thinktank Ipea.

Brazil will have to implement 36,000km of new transmission lines until 2019 to link new energy projects to the national power grid and to connect different regions to the main power distribution networks.

Brazilian utility sector regulator Aneel said Brazil's basic transmission network - equal or greater than 230kV - increased by 2,524km to 95,800km last year, BNamericas previously reported.

The expansion followed completion of 24 projects, the largest of which were the 400km São João Piauí-Milagres line connecting states Piauí and Ceará, and the 367km Colinas-Ribeirão Gonçalves line in Piauí.

According to Ipea, the estimate was considered with annual GDP growth of 5% through 2019.

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