Neoenergia S A : anticipates transmission project operation in Bahia
February 01, 2023 at 09:38 pm IST
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30/01/2023
Neoenergia anticipates transmission project operation in Bahia
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Rio Formoso II substation goes live more than a year in advance
Neoenergia completed 14 months in advance the construction of lot 9, located in Bahia and acquired at auction 002/2019 held by the National Electric Energy Agency (ANEEL). The company built the Rio Formoso II substation, expanded the Rio das Éguas substation and executed the works of the 230 kV transmission line that connects these two substations. The venture was energized with cargo this month. The deadline for the concession contract was March 2024.
The substation has two 230/138kV processing units with installed power of 200 MVA each, in addition to a new patio in the Rio das Éguas substation, with seven units of 500/230kV, 100 MVA, 105 kilometers of transmission line in 230kV and double circuit connecting the assets.
The signing of the concession contract took place in March 2020, with the initial delivery of the work in 4 years, but the completion took place in 34 months. The anticipation of the delivery reinforces Neoenergia's commitment to the work developed in its area of operation and to investors. The Rio Formoso project is very important for the company because it expands its supply capacity in the interior of Bahia," says Fabiano Uchoas, Ceo of Neoenergia Transmission.
With the delivery of the project, it will be possible to ensure greater robustness and reliability to the National Interconnected System (SIN), meeting the demand of the western region of Bahia. The work generated about 600 direct jobs.
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Neoenergia SA published this content on 31 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 February 2023 16:07:01 UTC.
Neoenergia S.A. specializes in the production, transmission, distribution and trading of electricity. Net sales break down by activity as follows:
- electricity distribution (96%): 71,318 GWh of electricity distributed to 16.4 million residential, commercial, industrial, institutional and rural customers at the end of 2023. The group also develops an electricity transmission activity (operation of a network of 2,543 km of power lines).
- electricity trading (2.4%). In addition, Neoenergia S.A. develops a thermal power generation business;
- renewable energy production (1.6%). At the end of 2023, the group had 44 wind farms, 5 hydroelectric power plants and 2 solar power plants with a total installed capacity of 3,861.8 MW.