China News Service, Sao Paulo, April 4 (Xinhua) On the 3rd local time, State Grid Brazil Holding Company and the Brazilian Electricity Regulatory Authority signed a franchise agreement for the "UHV DC Transmission Project in Northeastern Brazil" in Brasilia, the capital of Brazil. This project is the largest transmission concession project in Brazilian history.

On April 3, local time, in Brasilia, the capital of Brazil, State Grid Brazil Holding Company and the Brazilian Electricity Regulatory Authority signed a franchise agreement for the UHV DC transmission project in northeastern Brazil. Photo courtesy of the Chinese Embassy in Brazil

  On the same day, witnessed by Brazilian Minister of Mines and Energy Silveira, Chinese Ambassador to Brazil Zhu Qingqiao and other political and business figures from the two countries, State Grid Brazil Holding Company, the Brazilian Ministry of Mines and Energy, and the Brazilian Electricity Regulatory Authority signed the agreement, which is called the "Brazil Electricity Regulatory Authority". Northeast New Energy to Send ±800kV UHV DC Transmission Project" Agreement.

  Silveira said that the project will play an important role in improving the safe and stable operation of Brazil's power grid, promote the consumption of wind power and solar energy in northeastern Brazil, and will strongly support the green and low-carbon development of Brazil's economy and society.

  Zhu Qingqiao pointed out that State Grid has been deeply involved in the Brazilian market for a long time, and the results of cooperation have benefited local development and people's livelihood, which is a vivid reflection of the continuous deepening of mutually beneficial cooperation between China and Brazil. This year marks the 50th anniversary of the establishment of diplomatic relations between China and Pakistan, which is an important milestone in the history of bilateral relations. China is willing to work with Brazil to deeply implement the consensus reached by the two heads of state, accelerate the integration of the "Belt and Road" initiative and Brazil's development strategy, promote the upgrading of bilateral relations on the basis of deepening the comprehensive strategic partnership between the two countries, and jointly build a China-Brazil community with a shared future. .

  Brazilian President Lula posted a message on social platforms, saying positively that the relevant projects will strengthen the resilience of the Brazilian power grid and boost the confidence of all parties to invest in Brazil. Costa Costa, Director of the Civil Affairs Office of the Brazilian Presidential Palace, and other dignitaries congratulated State Grid on winning the bid for the power transmission project, praised the mutually beneficial cooperation between Brazil and China for its outstanding contribution to Brazil's economic and social development, and expressed that Brazil is willing to further tap complementary advantages with China in energy, economy, trade, and sustainability. to achieve greater results of cooperation in development and other fields and better benefit the two peoples.

  The Northeastern Brazil UHV project is the largest transmission concession project in Brazil's history and the country's largest infrastructure construction project in recent years. It will assist the transmission of electricity from the new energy base in northeastern Brazil and play an important role in promoting Brazil's energy transformation. The project packages and transports clean energy such as wind power, solar energy and hydropower in northeastern and northern Brazil, passing through the states of Maranhão, Tocantins and Goiás, and can satisfy approximately 12 million people in core areas such as the Federal District of the Brazilian Capital. The electricity demand of the population is planned to be put into operation in 2029, with a concession period of 30 years. (over)