The Brazilian Electricity Regulatory Agency, Aneel, today approved the ceilings for two tenders, an A-3 and a reserve tender, to be held on 25 and 26 August.

The A-3 tender is for energy that will be sold to distributors.

Power from the reserve tender will be bought by the government and will not count towards official supply needs of the grid.

It is contracted to make up for dam contracts signed by the government years ago that miscalculated the amount of power the hydropower plants would be able to supply.

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