What is the latest status of the project “Narandiba Substation”?

The status recorded for “Narandiba Substation” is Active.

Who are the main government, EPC, and private stakeholders for “Narandiba Substation”?

Taiyo maps the stakeholders of “Narandiba Substation”: government bodies (World Bank Group).

What is the budget and commercial profile for the project “Narandiba Substation”?

Taiyo normalizes the budget of “Narandiba Substation” to USD 29000000. The procurement structure is Public-Private Partnership (PPP).

Where can I verify the source and access all details for “Narandiba Substation”?

This Taiyo project page references World Bank Group along with the original URL (https://ppi.worldbank.org/en/snapshots/project/narandiba-substation-5820). Taiyo standardizes official data into a consistent, searchable project profile.

Narandiba Substation

Sector: Commercial • Location: Brazil

Source: World Bank Group

Project

Active

In October 2008, Narandiba S.A., a wholly-owned subsidiary of the Neoenergia Group, won the concession contract from an auction by federal regulator Aneel to build and operate a substation located in state of Bahia. The company accepted annual revenue of 4.15mn reais (US$2.04mn) for the project, 60% below the 10.4mn-real starting price. The contract, which was signed in Jan. 2009, was to last for

Status: Prospective
Sector: Commercial, Power Generation (CCGT), Government
Location: Brazil
Updated: 22 Jul 2026
Source: World Bank Group

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Project Information

5 Q

The project “Narandiba Substation” is an infrastructure initiative in the Commercial sector, located in Brazil. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status	Active
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	In October 2008, Narandiba S.A., a wholly-owned subsidiary of the Neoenergia Group, won the concession contract from an auction by federal regulator Aneel to build and operate a substation located in state of Bahia. The company accepted annual revenue of 4.15mn reais (US$2.04mn) for the project, 60% below the 10.4mn-real starting price. The contract, which was signed in Jan. 2009, was to last for 30-years and the company committed to finish the construction works by Jan. 2011. Neoenergia was owned by Banco de Brasil [12%], Previ [49%] and Iberdrola SA [Spain, 39%]. The total project cost was estimated at BRL 51 million (US $29 million). As of March 2010, construction works were underway. By October 2010, 76% of the investment on the project was completed. Information on the financing of the project was not available. Commercial operations commenced in June 2011.
Original sector	Energy
Procurement method
Budget

Location

Country

Brazil

Source

Source	World Bank Group
URL

More Details

Record type	Project
Sector	Commercial, Power Generation (CCGT), Government
Article published date	2024-05-26

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