According to the latest news released from Brazilian electricity regulatory authorities, in January 2016.
Brazil will hold large-scale power transmission project bidding work, which is expected to attract investment of about 1.6 billion reais ($268 billion yuan).
Brazil's federal energy planning agency EPE had predicted that in the next five years.
Brazil will invest 31 billion reais (RMB 51.9 billion) in the construction of power transmission and transformation projects, 25 billion reais (RMB 41.86 billion) in transmission line projects, and 6 billion reais (RMB 10.04 billion) in substation projects.
Americas agreed that the power transmission project the next January is likely to include a high-profile beautiful scenery power plant phase ii project of electric power transmission.
And other large power transmission projects in northern Brazil.
However, this news has not eased the industry's concerns about the investment environment in Brazil.
The cable network monitoring data show that a new batch of power transmissions just concluded this week, and the result of the bidding is not satisfactory.
Brazil authorities provide 12 transmission projects, but only 4 of them have been successfully tendered.
The other projects were abandoned by the potential bidders, because of concerns about the tightening of financing and the regulatory environment.
The above is the news brought by ZMS cable company.
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