“The only information that is missing is the cap price for developers to determine the costs and prepare bids," he told Recharge.
Sauaia confirmed market expectations that a feasible cap price would be about R$250/MWh ($105/MWh). The government has yet to publish detailed tender rules for the auction, including cap price.
The new projects would have to start delivering power on January 1, 2017.
“We
