India's Sterlite, China's State Grid win Brazil power licenses

India's Sterlite, China's State Grid win Brazil power licenses

Chamber Articles Category: Energy Post Date: 06/29/18 Source: Reuters By: Luciano Costa
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SAO PAULO, June 28 (Reuters) - India’s Sterlite, China’s State Grid, and Colombia’s Isa clinched licenses to build power transmission lines in Brazil in a government auction on Thursday that is expected to draw a total of 6 billion reais ($1.55 billion) in investment.

Some 47 companies and consortia registered to present bids at the auction at Sao Paulo’s stock exchange B3, which led to a competitive round. Read Full Article