| Project Detail |
Pursuant to a long-term concession awarded in 1997, Companhia Paulista de Força e Luz (“CPFL Paulista”) provides power distribution services in 234 municipalities in the State of São Paulo, covering an area of over 90 thousand km2 and a population of around 10.3 million.
The implementation of the Project will help the Borrower to expand and upgrade the power distribution infrastructure, achieve efficiency gains and provide access to electricity to presently unserved households and thereby contribute to the goal of providing universal access to electricity in Brazil.
The Project supplements the Borrower’s capital investments program, enabling expansion and modernization of its power distribution infrastructure and is aligned with the requirements of the concession agreement under which the Borrower operates.
The Project components comprise High Voltage (HV) distribution lines and substations; Low Voltage (LV) distribution lines, automation equipment and transformers; and new home connection equipment, to be implemented in the state of São Paulo.
The Project will contribute primarily towards SDG 7: (i) ensure universal access to affordable, reliable, and modern energy services; (ii) double the global rate of improvement in energy efficiency; and (iii) expand infrastructure and upgrade technology for supplying modern and sustainable energy services for all in developing countries.
The Project will promote social inclusion by providing access to electricity to presently unserved households through new connections (the Project is expected to increase the connectivity to more than 370,000 homes); improve energy efficiency by reducing technical and commercial losses in the Borrower’s electricity distribution grid, that will lead to economic savings for the end-users of energy and will also contribute to Green House Gas (GHG) emissions reduction; lead to service quality improvement through new equipment or modernizing existing equipment. Achievement of the Project’s results will have a demonstration effect within the electricity distribution sector in Brazil. |
