CTEEP - COMPANHIA DE TRANSMISSÃO DE ENERGIA ELÉTRICA PAULISTA S.A.
ISA CTEEP GETS PRELIMINARY ENVIRONMENTAL LICENSE AND CONCURRENT INSTALLATION LICENSE FOR TRIÂNGULO MINEIRO PROJECT
The project, awarded in lot 07 of the transmission auction held in February 2019, is essential for the integration of renewable sources to the National Interconnected System (SIN), and will allow the installation of new biomass energy generation projects, due to the expansion of the sugar and ethanol sector in the state, besides ensuring more reliability in the energy supply to the Triângulo Mineiro and Alto Paranaíba regions.
ANEEL investment is estimated at R$ 544 million and the Annual Permitted Revenue (RAP) amounts to around R$ 34 million. The regulator's estimated schedule for completion is March 2023.
"We are pleased to contribute to the social and economic development in Minas Gerais and to the expansion of the National Interconnected System (SIN). We seek excellence in performing our activities and this project is in line with our strategy of robustness, growth, and sustainable value generation for society," says Rui Chammas, ISA CTEEP's CEO.
The project will use local labor during its entire construction period, with 1,107 professionals expected to be hired.
About ISA CTEEP
With a staff comprising around 1,400 employees, ISA CTEEP is present in 17 States, operating a complex transmission network, responsible for the flowing of 33% of all electricity consumed in the country, and 94% of the State of São Paulo. Its electric system comprises over 21 thousand kilometers of transmission lines and 142 own substations with voltages up to 550 kV (assets in operation and under construction). The Company was privatized in 2006, and its main controlling shareholder is Multi-Latin ISA Group, holding 35.82% of the total capital.
Media Information
RPMA Comunicação
Pedro Henrique Santos - (11) 96513-0069
Kelly Queiroz - (11) 94216-3176
isacteep@rpmacomunicacao.com.br
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São Paulo, December 21, 2021 - ISA CTEEP, the largest private energy transmission company in the country received the Preliminary Environmental License and the concurrent Installation License for Triângulo Mineiro Project, issued by the State Department for Environment and Development of Minas Gerais State (SEMAD), for the implementation of three new substations, two new 173-km transmission lines and 303 towers; and the expansion of Nova Ponte substation, which belongs to other company. The project crosses the municipalities of Araxá, Monte Alegre de Minas, Nova Ponte, Perdizes, Santa Juliana, Uberaba and Uberlândia (MG).
The project, awarded in lot 07 of the transmission auction held in February 2019, is essential for the integration of renewable sources to the National Interconnected System (SIN), and will allow the installation of new biomass energy generation projects, due to the expansion of the sugar and ethanol sector in the state, besides ensuring more reliability in the energy supply to the Triângulo Mineiro and Alto Paranaíba regions.
ANEEL investment is estimated at R$ 544 million and the Annual Permitted Revenue (RAP) amounts to around R$ 34 million. The regulator's estimated schedule for completion is March 2023.
"We are pleased to contribute to the social and economic development in Minas Gerais and to the expansion of the National Interconnected System (SIN). We seek excellence in performing our activities and this project is in line with our strategy of robustness, growth, and sustainable value generation for society," says Rui Chammas, ISA CTEEP's CEO.
The project will use local labor during its entire construction period, with 1,107 professionals expected to be hired.
Triangulo Mineiro Project Characterization Map
About ISA CTEEP
With a staff comprising around 1,400 employees, ISA CTEEP is present in 17 States, operating a complex transmission network, responsible for the flowing of 33% of all electricity consumed in the country, and 94% of the State of São Paulo. Its electric system comprises over 21 thousand kilometers of transmission lines and 142 own substations with voltages up to 550 kV (assets in operation and under construction). The Company was privatized in 2006, and its main controlling shareholder is Multi-Latin ISA Group, holding 35.82% of the total capital.
Media Information
RPMA Comunicação
Pedro Henrique Santos - (11) 96513-0069
Kelly Queiroz - (11) 94216-3176
isacteep@rpmacomunicacao.com.br
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CTEEP - Companhia de Transmissão de Energia Elétrica Paulista published this content on 21 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 January 2022 17:07:08 UTC.
