Follow the LRCAP 2026 product-by-product competition in real time.

LRCAP's fourth product secures a discount of R$10,00/MWh

The bidding for the fourth LRCAP product was completed in about 30 minutes, involving the contracting of natural gas and coal-fired power plants, both new and already in operation.

The result practically mirrored the ceiling price: the final value was R$ 2.890.000/MW.year, only R$ 10,00 below the ceiling of R$ 2.900.000/MW.year established for new projects. For existing plants, the reference price considered in the bidding process was R$ 2.250.000,00/MW.year.

Regarding the contractual terms, the product establishes terms of 10 years for existing assets and 15 years for new projects, with supply expected to begin on August 1, 2029.

Hydropower product 2030 registers a minimum discount of R$ 5,00/MW.year

The bidding for the product intended for contracting hydroelectric plants ended with a final price of R$ 1.395.000/MW.year – only R$ 5,00/MW.year below the ceiling price established in the tender.

The product covers the contracting of capacity expansions in hydroelectric plants already in operation, with supply scheduled to begin on August 1, 2030. The contract is for 15 years.

Although the results do not detail the winning projects, the following power plants were qualified for the auction: Coaracy Nunes, Fontes Nova, Foz do Areia, Itaparica, Itapebi, Jaguara, Salto Santiago, São Simão, Segredo, and Três Marias. There was no round of bidding for the expansion of thermal power plants in 2030.

Product 2031 registers a discount of 16,26%.

The final round of the LRCAP 2025 tender concluded after approximately x minutes of bidding. The tender covers the contracting of thermoelectric and hydroelectric power plants, with a mandatory delivery date of August 1, 2031.

The closing price for thermoelectric power reached R$ 2.428.308,81/MW.year, indicating a discount of only 16,26% compared to the ceiling price established for new projects, of R$ 2.900.000/MW.year. For this product, contracts have a duration of 10 years for existing projects and 15 years for new ones. It appears that there were no contracts for hydroelectric power for 2031.