Aneel cuts Celpe rate hike in line with court ruling
Bnamericas Published: Thursday, June 09, 2005
Brazil's power regulator Aneel has cut to 7.4% from 32.5% a power rate increase awarded to Pernambuco state power distributor Celpe in April, the regulator said in a statement. Aneel was complying with a court ruling that ordered the regulator to remove from its rate revision calculations the cost of power bought from Celpe's sister company, thermoelectric generator Termopernambuco. Aneel stressed that the 7.4% rate hike is retroactive from April 29 and that it is temporary since it is appealing the court decision in order to obtain the full rate increase. Celpe and Termopernambuco are both controlled by Neoenergia, the Brazilian holding company for Spanish company Iberdrola's local assets.
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Electric Power (Brazil)
Brazil’s Athon Energia foresees battery market growth in the medium term
Managing partner Daniel Maia says the lack of regulation is one of the main bottlenecks.
Germany offers financing for LatAm green hydrogen projects
Developers of projects in Chile, Colombia and Brazil have until March 14 to submit proposals.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Electric Power (Brazil)
Get critical information about thousands of Electric Power projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Tamanduá Thermoelectric Plant
- Current stage:
- Updated:
4 days ago
- Project: Araguaia (Phase 1)
- Current stage:
- Updated:
4 days ago
- Project: Fazenda Boa Esperança I solar park (Fazenda Boa Esperança solar complex)
- Current stage:
- Updated:
4 days ago
- Project: Estreito high voltage substation
- Current stage:
- Updated:
4 days ago
- Project: Volta Grande
- Current stage:
- Updated:
4 days ago
- Project: Brasileira I photovoltaic plant (Brasileira photovoltaic complex)
- Current stage:
- Updated:
5 days ago
- Project: São Paulo Thermoelectric Plant (Natural Energia)
- Current stage:
- Updated:
5 days ago
- Project: Dragão do Mar offshore wind farm
- Current stage:
- Updated:
5 days ago
- Project: Lot 11 Transmission Lines (Mato Grosso do Sul)
- Current stage:
- Updated:
5 days ago
- Project: Beta Offshore Wind Farm
- Current stage:
- Updated:
5 days ago
Other companies in: Electric Power (Brazil)
Get critical information about thousands of Electric Power companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Consórcio Verde (Verde Transmissão de Energia S.A.)
-
The Green Consortium is a partnership formed by Brasil Energia Multistrategy Investment and Holdings Fund and Cymi Do Brasil Projects and Services Ltda. for the implementation o...
- Company: Termelétrica Itacoatiara S.A. (Termelétrica Itacoatiara)
-
The description included in this profile was taken directly from an AI source and has not been edited or modified by BNamericas researchers. However, it may have been automatica...
- Company: Geo & Bio Ambiental
- Company: Mangaba Energia Ltda. (Mangaba Energia)
-
The description included in this profile was taken directly from an AI source and has not been edited or modified by BNamericas researchers. However, it may have been automatica...
- Company: BCP Engenharia
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine tra...
- Company: NALCO Water
-
Ecolab is a trusted partner at nearly three million customer locations, Ecolab (ECL) is a global leader in water, hygiene and energy technologies and services that protect peopl...
- Company: Auren Energia S.A. (Auren Energía)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Consórcio Intermunicipal do Lixo (Consimares) (Consimares)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Mitratech Energia Solar Fotovoltaica (Mitratech Energia)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine tra...
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
