Theauction will be held held on 23 August, in São Paulo.

Theprice set by the country's watchdog is 4.5% higher than the ceiling price in last year's tender, which was capped at R$112 per MWh. However, that was a “A-5"auction type, which gives developers five years to build the plants.

The 2013wind exclusive tender is a “reserve” type auction and obliges the investor to startoperations in two years.