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Loans and Financing (Tables)
 12 Months Ended
Dec. 31, 2022
Loans And Financing  
Schedule of borrowings
                       
                Contractual Effective   12.31.2022 12.31.2021
        Issue Number of  Final Payment financial interest Contract
Contracts Company Allocation Guarantees Date installment maturity of charges  charges p.a. rate p.a. amount
FOREIGN CURRENCY                         
 National Treasury Department (STN - Secretaria do Tesouro Nacional)                        
Par Bond (a) Copel Debt negotiation Guarantees deposited  05.20.1998  1 04.11.2024 Half-yearly 6.0% + 0.20% 6.0% + 0.20% 17,315  - 89,058
Discount Bond (a) 05.20.1998 1 04.11.2024 Half-yearly 1% + 0.20% 1% + 0.20% 12,082  - 61,514
Total foreign currency                       - 150,572
LOCAL CURRENCY                         
Banco do Brasil                        
CCB 306.401.381 (b) Copel HOL Working capital. Credit assignment 07.21.2015 2 03.25.2023 Quarterly 135.00% of DI 145.46% of DI 640,005  - 641,207
CCB 265.901.903 Copel DIS 06.29.2022 2 06.24.2025 Quarterly DI + spread 1,25% DI + spread 2,14% 750,000 751,673  -
                      751,673 641,207
Caixa Econômica Federal                        
Commercial paper Copel GET Partial amortization of the 3rd, 4th and 5th debenture issues and meeting various short-term obligations, including energy purchases, regulatory obligations and dividends. Personal guarantee 09.10.2022 2 09.10.2025 Half-yearly DI + spread 1,22% DI + spread 1,31%  1,000,000  1,037,946  -
                       1,037,946  -
Caixa Econômica Federal                        
415.855-22/14  Copel DIS Rural Electricity Program - Luz para Todos. Own revenue; issue of promissory notes and commercial duplicates. 03.31.2015 120 12.08.2026 Monthly 6.0% 6.0% 16,984 7,664 9,580
                      7,664 9,580
Banco do Nordeste do Brasil                        
35202166127989 Jandaíra I Implementation of Jandaíra Wind Complex. Bank guarantee 05.31.2021 192 06.15.2038 Monthly 2.7086% + IPCA (1) 3.0107% + IPCA 21,687 17,969 7,312
35202164527986 Jandaíra II 05.31.2021 192 06.15.2038 Monthly 2.2161% + IPCA (1) and 2.7086% + IPCA (1) 3.0107% + IPCA 56,421 46,644 18,424
35202162927987 Jandaíra III 05.31.2021 192 06.15.2038 Monthly 2.7086% + IPCA (1) 3.0107% + IPCA 65,158 53,843 21,645
35202160027984 Jandaíra IV 05.31.2021 192 06.15.2038 Monthly 2.2161% + IPCA (1) and 2.7086% + IPCA (1) 3.0107% + IPCA 65,421 54,053 22,058
35201915725525 Potiguar B141 Implementation of Vilas Wind Complex. Fiduciary assignment of credit rights; fiduciary assignment of rights under the O&M contract; fiduciary assignment of rights arising from the authorization; pledge of shares; fiduciary alienation of project machinery and equipment; 100% bank guarantee; fiduciary assignment of the Debt Service Reserve Accounts; fiduciary assignment of the operating reserve account (O&M); Shareholder support agreement 04.04.2019 216 04.15.2039 Monthly IPCA + 2.3323% IPCA + 2.3323% 92,138 89,685 94,781
35201922425522 Potiguar B142 04.04.2019 216 04.15.2039 Monthly IPCA + 2.3323% IPCA + 2.3323% 92,213 89,709 94,809
35201926525533 Potiguar B143 04.11.2019 216 04.15.2039 Monthly IPCA + 2.3323% IPCA + 2.3323% 92,138 89,376 94,453
35201910625534 Ventos de Vila Paraíba IV 04.18.2019 216 05.15.2039 Monthly IPCA + 2.3323% IPCA + 2.3323% 92,138 91,004 96,237
352020148727169 Potiguar B61 08.11.2020 216 08.15.2040 Monthly IPCA + 1.4865% IPCA + 1.4865% 163,886 186,552 176,324
                      718,835 626,043
Banco do Brasil - BNDES Transfer                        
21/02000-0 Copel GeT Implementation of Mauá HPP. Revenue from energy sales from the plant. 04.16.2009 179 01.15.2028 Monthly 2.13% above TJLP 2.13% above TJLP 169,500 60,720 72,109
                      60,720 72,109
(a) On March 10, 2022, the debt was redeemed in advance, net of the collateral and escrow deposits.
(b) Debt renegotiated in March 2021, with changes in the amortization dates and the amount of financial charges.
(c) Commercial paper, single series, for public distribution with restricted efforts. Guarantor: Copel. Trustee: Pentágono S.A. DTVM.
(1) IPCA used in the calculation of interest and not in the update of the principal.

(continued)

                         
              Contractual Effective   12.31.2022 12.31.2021
        Issue Number of  Final Payment financial interest Contract
Contracts Company Allocation Guarantees Date installment maturity of charges  charges p.a. rate p.a. amount
BNDES                        
820989.1  Copel GeT Implementation of Mauá HPP. Revenue from energy sales from the plant. 03.17.2009 179 01.15.2028 Monthly 1.63% above TJLP 1.63% above TJLP 169,500 60,719 72,109
1120952.1 Implementation of transmission line between Foz do Iguaçu and Cascavel Oeste substations. Assignment of receivables; revenue from energy transmission services. 12.16.2011 168 04.15.2026 Monthly 1.82% and 1.42% above TJLP 1.82% and 1.42% above TJLP 44,723 11,186 14,431
1220768.1  Implementation of Cavernoso II SHP. Revenue from energy sales from the plant. 09.28.2012 192 07.15.2029 Monthly 1.36% above TJLP 1.36% above TJLP 73,122 32,012 36,593
13211061 Implementation of Colíder HPP. Assignment of receivables 12.04.2013 192 10.15.2031 Monthly 0% and 1.49% above TJLP 6.43% and 7.68%  1,041,155 615,968 680,413
13210331 Implementation of Cerquilho III substation. 12.03.2013 168 08.15.2028 Monthly 1.49% and 1.89% above TJLP 1.49% and 1.89% above TJLP 17,644 7,502 8,758
15206041 Implementation of transmission line Assis - Paraguaçu Paulista II. 12.28.2015 168 06.15.2030 Monthly 2.42% above TJLP 9.04% 34,265 16,139 18,151
15205921 Implementation of transmission lines Londrina - Figueira and Salto Osório - Foz do Chopim. 12.28.2015 168 12.15.2029 Monthly 2.32% above TJLP 8.93% 21,584 9,542 10,822
18205101 Implementation of Baixo Iguaçu HPP. 11.22.2018 192 06.15.2035 Monthly 1.94% above TJLP 8.50% 194,000 159,948 171,447
19207901- A+B+E+F+G+H Implementation of transmission facilities for the line: substation Medianeira; substation Curitiba Centro and Curitiba Uberaba and substation Andirá Leste.  06.03.2020 279 12.15.2043 Monthly IPCA + 4.8165% IPCA + 4.8570% 206,882 200,932 185,532
19207901- C+D+I+J Implementation of transmission facilities for the line: transmission line Curitiba Leste - Blumenal and Baixo Iguaçu - Realeza.  06.03.2020 267 12.15.2043 Monthly  IPCA + 4.8165%   IPCA + 4.8570%  225,230 188,869 162,773
14205611-C  Copel DIS Preservation of business, improvements, operating support and general investments in the expansion and consolidation of projects and social investment programs of companies (ISE). Surety of Copel; assignment of revenues and indemnity rights under the concession. 12.15.2014 113 06.15.2024 Monthly 6.0% 6.0% 78,921 11,757 19,595
14.2.1271.1 Santa Maria Construction and implementation of wind generating plants. Surety of Copel; pledge of shares; assignment of receivables and revenues. 06.01.2015 192 08.15.2031 Monthly 1.66% above TJLP 8.26% 71,676 34,125 37,771
14.2.1272.1 Santa Helena 06.01.2015 192 08.15.2031 Monthly 1.66% above TJLP 8.26% 82,973 37,027 40,983
11211521 GE Farol Pledge of shares; assignment of receivables from energy sales from the project; assignment of machinery and equipment.
 03.19.2012 192 06.15.2030 Monthly 2.34% above TJLP 2.34% above TJLP 54,100 29,888 33,570
11211531 GE Boa Vista 03.19.2012 192 06.15.2030 Monthly 2.34% above TJLP 2.34% above TJLP 40,050 22,096 24,818
11211541 GE S.B. do Norte 03.19.2012 192 06.15.2030 Monthly 2.34% above TJLP 2.34% above TJLP 90,900 50,112 56,287
11211551 GE Olho D'Água 03.19.2012 192 06.15.2030 Monthly 2.34% above TJLP 2.34% above TJLP 97,000 53,519 60,113
18204611 Cutia Pledge of shares; assignment of receivables. 10.10.2018 192 07.15.2035 Monthly 2.04% above TJLP 8.37% 619,405 543,337 563,569
13212221 - A Costa Oeste Implementation of transmission line between Cascavel Oeste and Umuarama Sul substations and implementation of Umuarama Sul substation. Assignment of receivables; 100% of pledged shares. 12.03.2013 168 11.30.2028 Monthly 1.95% + TJLP 1.95% + TJLP 27,634 12,842 14,898
13212221 - B 12.03.2013 106 09.30.2023 Monthly 3.5% 3.5%  9,086 598 1,396
14205851 - A Marumbi Implementation of transmission line between Curitiba and Curitiba Leste and implementation of Curitiba Leste substation. 07.08.2014 168 06.30.2029 Monthly 2.00% + TJLP 2.00% + TJLP 33,460 16,981 19,444
14205851 - B 07.08.2014 106 04.30.2024 Monthly 6.0% 6.0% 21,577 3,020 5,285
                       2,118,119  2,238,758
                         
Total local currency                      4,694,957  3,587,697
                     Gross debt   4,694,957  3,738,269
                    (-) Transaction cost  (44,594)  (59,825)
                    Net debt  4,650,363  3,678,444
                     Current  278,838 579,770
                     Noncurrent   4,371,525  3,098,674
Breakdown of loans and financing by currency and index
           
           
    12.31.2022 % 12.31.2021 %
Foreign currency change in currencies in the period (%)        
U.S. Dollar (6.50)  -  -  150,572 4.09
     -  -  150,572 4.09
Local currency  indexes at period end (%)        
TJLP 7.20  1,755,556 37.75 1,916,561 52.11
CDI 13.65  1,772,718 38.12  639,555 17.39
TR 0.21  -  -  -  -
IPCA 5.79  1,099,050 23.63  935,900 25.44
Without indexer (annual fixed rate) - 23,039 0.50  35,856 0.97
     4,650,363  100.00 3,527,872 95.91
     4,650,363  100.00 3,678,444 100.00
Schedule of maturity of noncurrent installments
       
12.31.2022 Gross debt (-) Transaction cost Net debt
2024 608,001  (8,902) 599,099
2025 1,604,933  (5,666) 1,599,267
2026 230,905  (2,171) 228,734
2027 232,594  (2,172) 230,422
2028 215,888  (2,182) 213,706
After 2028 1,514,960  (14,663) 1,500,297
  4,407,281  (35,756) 4,371,525
Schedule of changes in debentures
       
  Foreign currency  Local currency  Total 
Balance as of January 1, 2020 108,983 3,033,400 3,142,383
Funding - 263,000 263,000
Charges   6,928 176,337 183,265
Monetary and exchange variations 31,189 5,869 37,058
Amortization - principal - (253,700) (253,700)
Payment - charges (6,763) (176,712) (183,475)
Balance as of December 31, 2020  140,337 3,048,194  3,188,531
Effect of acquisition of control of Vilas Complex  -  514,272  514,272
Funding  -  134,313  134,313
(-) Transaction costs  -  (1,647) (1,647)
Charges 6,218  191,398  197,616
Monetary and exchange variations  10,266 31,091  41,357
Amortization - principal  - (202,577) (202,577)
Payment - charges  (6,249) (187,172) (193,421)
Balance as of December 31, 2021  150,572 3,527,872  3,678,444
Effect of acquisition of control of Vilas Complex (Note 1.1.1)  - 25,398  25,398
Funding  - 1,891,954  1,891,954
(-) Transaction costs  -  (19,781) (19,781)
Charges  953  390,569  391,522
Monetary and exchange variations (14,378) 34,978  20,600
Amortization - principal (134,894) (865,425) (1,000,319)
Payment - charges  (2,253) (335,202) (337,455)
Balance as of December 31, 2022  - 4,650,363  4,650,363
The financial covenants contained in the agreements are presented below
     
Company Contractual Instrument Annual financial ratios Limit
Copel GeT BNDES Finem No. 820989.1 - Mauá EBITDA /  Net financial results  ≥ 1.3
Banco do Brasil No. 21/02000-0 - Mauá
Commercial paper Debt service coverage ratio
Consolidated net debt / Consolidated ebitda		 ≥ 1.5
≤ 3.5
Copel DIS BNDES Finem No. 14205611 Financial indebtedness / EBITDA ≤ 4.0
Santa Maria BNDES Finem No. 14212711 Debt service coverage ratio ≥ 1.3
Santa Helena BNDES Finem No. 14212721
São Bento Energia, Investimento e Participações BNDES Assignment Agreement Debt service coverage ratio ≥ 1.3
GE Boa Vista S.A. BNDES Finem No. 11211531
GE Farol S.A. BNDES Finem No. 11211521
GE Olho D´Água S.A. BNDES Finem No. 11211551
GE São Bento do Norte S.A. BNDES Finem No. 11211541
Cutia BNDES Finem No. 18204611 Debt service coverage ratio (a) ≥ 1.2
Costa Oeste BNDES Finem No. 13212221 Debt service coverage ratio ≥ 1.3
Marumbi BNDES Finem No. 14205851 Debt service coverage ratio ≥ 1.3

Financing for businesses - Finem

(a) financial ratio calculated based on the amounts of the consolidated financial statements of Cutia Empreendimentos Eólicos S.A. The contract establishes that, should the index be in the range between 1.10 and 1.20, the value of the funds invested in the Reserve Account must be complemented so that the total reaches the index of 1.20, within 2 days of the release of the financial statements.