January 20 (Renewables Now) - The city of Uberada in the Brazilian state of Minas Gerais has launched a tender notice on Friday for a Public-Private Partnership (PPP) that contemplates the deployment, operation, maintenance and management of 15 MW of solar projects.
The PPP studies were conducted by the Institute of Planning and Management of Cities (IPGC) and by local company Innova Energy.
According to the document, the estimated value for the concession is of roughly BRL 218.4 million (USD 52.4m/EUR 47.3m) with a 26-year period. The winner will be the company or consortium that presents the lowest monthly consideration, which the government currently estimates at BRL 728,154.85.
Mayor Paulo Piau declared that the city is looking at this PPP as a way to lower the price of energy and also reduce the City Hall expenses, the local government noted.
(BRL 1 = USD 0.240/EUR 0.216)