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⚡ China's power play in Brazil
Exclusive: State Grid’s next move in Brazil. Bolsonaro’s ex-defense minister arrested for meddling in coup probe. The Brazilian town trying to hold on to asbestos
Gustavo Ribeiro & André Borges
December 16, 2024 • Reading Time: 2 minutes
Good morning! This week will be a busy one for Brazil’s Congress, which has several sensitive bills to vote on before the end-of-year break. In a push to fast-track legislation, the government has caved to lawmakers’ demands for budgetary grants. Will the strategy work?
Exclusive: State Grid ready to start building massive power line project
Picture from an April 2024 meeting between State Grid, energy regulators, and the state of Maranhão to discuss the massive power line. Photo: Maranhão Govt.
The State Grid Corporation of China, the world’s largest electricity company, is set to begin construction on Brazil’s most significant energy transmission project: a 1.433-kilometer-long network spanning the states of Goiás, Tocantins and Maranhão. The project will cost BRL 18 billion (USD 3 billion) and is expected to start operations by March 2030.
We tell you first. State Grid representatives met last week with Aneel, Brazil’s electric energy agency, to outline the current status of their plans and update regulators on steps already taken to initiate construction. The Brazilian Report contributor André Borges obtained exclusive access to details of the discussions.
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