Transmission Auctions Should Drive R$ 50 Billion in Investments in the Economy

Written by Bruno Teles

Published on 16/03/2023 at 17:46

Updated on 16/03/2023 at 19:34

Leilões de transmissão (foto/ivulgação)

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Leveraging Its Extensive Experience in Building Transmission Lines, SKIC Brazil Is Ready to Capitalize on Promising Opportunities in This Sector, Starting with Auctions for Energy Transmission Infrastructure Construction.

The sector currently faces a significant deficit in its energy transmission infrastructure, especially concerning the wind and solar power plants currently under construction. The expectation is that this deficiency will persist until 2030. Consequently, four auctions are planned for the acquisition of new energy transmission lines that connect these wind farms to the National Interconnected System (SIN).

These auctions, scheduled for June, July, October, and December, have attracted significant market interest due to the importance of transmission infrastructure and the investment opportunities it presents, with EPE estimating an investment of around R$ 50 billion. SKIC Brazil is among those anticipating a positive impact on its operations, particularly in the areas of engineering and construction.

What the Company Says About the Expansion of Energy Transmission Networks

As the Brazilian subsidiary of Sigdo Koppers Ingeniería y Construcción, one of the largest engineering and construction companies in Latin America, SKIC began its operations in Brazil in 2016, installing the first transmission line project in the country, and since then, more than 2,000 kilometers of lines have been built.

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SKIC Advances in Other Areas of the Brazilian Market

Since the beginning of its operations in Brazil in 2016, Sigdo Koppers Ingeniería e Construcción (SKIC) has established itself as one of the leading engineering and construction companies in the country, thanks to its technical excellence in executing high-complexity EPC projects across various industry sectors.

The company’s operations in Brazil began in the energy sector with electricity transmission projects, connecting various states and generating parks, during which the company constructed more than 2,000 kilometers of lines in Brazil. As a specialist in the mining industry, especially in Chile, SKIC implemented plans in 2021 to advance in this market in Brazil, as well as in the areas of steelmaking, heavy industry, thermal energy, and renewable energy generation.

Transmission Auctions Should Drive R$ 50 Billion in Investments in the Economy

Leveraging Its Extensive Experience in Building Transmission Lines, SKIC Brazil Is Ready to Capitalize on Promising Opportunities in This Sector, Starting with Auctions for Energy Transmission Infrastructure Construction.

What the Company Says About the Expansion of Energy Transmission Networks

SKIC Advances in Other Areas of the Brazilian Market

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Transmission Auctions Should Drive R$ 50 Billion in Investments in the Economy

Leveraging Its Extensive Experience in Building Transmission Lines, SKIC Brazil Is Ready to Capitalize on Promising Opportunities in This Sector, Starting with Auctions for Energy Transmission Infrastructure Construction.

What the Company Says About the Expansion of Energy Transmission Networks

SKIC Advances in Other Areas of the Brazilian Market

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Ethiopia has banned gasoline and diesel cars, placed over a hundred silent electric buses on the streets of Addis Ababa, and now aims for half a million electric vehicles by 2030, all powered by Africa’s largest dam and a courage that few countries have shown.

Stored for over 100 years, the first underwater tunnel in Latin America receives a decisive boost with a loan of R$ 2.5 billion signed in April and promises to connect Santos and Guarujá, on the coast of São Paulo, in just 5 minutes.

A view from space, an image made by NASA shows the impressive Richat Structure, a geological formation located in the Sahara Desert, also known as the “Eye of the Sahara.”

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