Cemig renews Sá Carvalho hydro plant concession for 30 years under quota regime
Reuters2026/08/31 22:03Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- CEMIG board backed extending the Sá Carvalho hydro plant concession under Brazil’s quota regime for 30 years from Aug. 31, 2026.
- Extension follows Law 12,783, keeping output allocated via regulated quotas rather than the free market.
- Plant has 78 MW installed capacity; 54.4 MW average firm energy.
- Company has 210 days to sign an amendment once called by the Mines and Energy Ministry.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CEMIG - Companhia Energética de Minas Gerais published the original content used to generate this news brief on August 31, 2026, and is solely responsible for the information contained therein.
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