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Rules for indemnification of generation assets are now approved
12/20/2013
The Board of the National Electricity Agency approved the public meeting on 19/12, the resolution establishing criteria and procedures for calculating the share of investments linked to reversible assets, still not amortized or not depreciated, hydroelectric projects covered by art. 2 of Decree No. 7,850, from November 30th, 2012. The rules will apply to endeavors with renewed concession or without renewal.
 
The value of the investments installments will be calculated based on the New Replacement Value (NRV) and will consider the accumulated depreciation and amortization, from the date of entry into operation until December 31st, 2012.
 
The approved resolution defines the returned goods as the set of infrastructure items common to the plant, such as reservoirs, dams, water intake, conduits, channels, spillways, gates, control room besides the generation equipment such as turbines, generators , transformers, auxiliaries and related interest restricted transmission system services. Administrative assets such as furniture, fixtures, vehicles, land, buildings, urbanization and improvements will not be considered as reversible.
 
The agents should express interest in receiving the value until December 31st, 2013 and will have 180 days after the event to present the supporting documentation of the investments.
 
The topic was discussed at the Public Hearing No. 92/2013, which received 15 contributions. 
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