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Concessions and Authorizations (Tables)
 12 Months Ended
Dec. 31, 2018
Text block [abstract]  
Schedule of Concessions and Authorizations Held

Cemig, through its subsidiaries, holds the following concessions or authorizations:

 

     Company holding concession or
authorization		      Concession or authorization
contract		      Expiration
date		  

POWER GENERATION

         

Hydroelectric plants

         

Emborcação (1)

      Cemig GT        07/1997        07/2025  

Nova Ponte (1)

      Cemig GT        07/1997        07/2025  

Santa Luzia (1)

      Cemig GT        07/1997        02/2026  

Sá Carvalho (1)

      Sá Carvalho        01/2004        12/2024  

Rosal (1)

      Rosal Energia        01/1997        05/2032  

Machado Mineiro (1)

Salto Voltão (1)

Salto Paraopeba (1)

Salto do Passo Velho (1)

      Horizontes Energia        Resolution 331/2002       

 07/2025

10/2030

10/2030

10/2030

  

 

 

 

PCH Pai Joaquim (1)

      Cemig PCH       
 Authorizing Resolution
377/2005		  
 		      04/2032  

Irapé (1)

      Cemig GT        14/2000        02/2035  

Queimado (Consórcio) (1)

      Cemig GT        06/1997        01/2033  

Salto Morais (1)

      Cemig GT        02/2013        07/2020  

Rio de Pedras (1)

      Cemig GT        02/2013        09/2024  

Luiz Dias (1)

      Cemig GT        02/2013        08/2025  

Poço Fundo (1)

      Cemig GT        02/2013        08/2025  

São Bernardo (1)

      Cemig GT        02/2013        08/2025  

Xicão (1)

      Cemig GT        02/2013        08/2025  

Três Marias (2)

      Cemig Geração Três Marias        08/2016        01/2046  

Salto Grande (2)

      Cemig Geração Salto Grande        09/2016        01/2046  

Itutinga (2)

      Cemig Geração Itutinga        10/2016        01/2046  

Camargos (2)

      Cemig Geração Camargos        11/2016        01/2046  

Coronel Domiciano, Joasal, Marmelos, Paciência e Piau (2)

      Cemig Geração Sul        12/2016 and 13/2016        01/2046  

Dona Rita, Ervália, Neblina, Peti, Sinceridade e Tronqueiras  (2)

      Cemig Geração Leste        14/2016 and 15/2016        01/2046  

Cajurú, Gafanhoto e Martins (2)

      Cemig Geração Oeste        16/2016        01/2046  

Thermal plants

         

Igarapé (1)

      Cemig GT        07/1997        08/2024  

Wind power plants

         

Central Geradora Eólica Praias de Parajuru (3)

      Parajuru        Resolution 526/2002        09/2032  

Central Geradora Eólica Volta do Rio (3)

      Volta do Rio        Resolution 660/2001        01/2031  

POWER TRANSMISSION

         

Rede Básica (4)

      Cemig GT        006/1997        01/2043  

Subestação – SE Itajubá (4)

      Cemig GT        79/2000        10/2030  

ENERGY DISTRIBUTION (5)

      Cemig D       

 002/1997

003/1997

004/1997

005/1997

  

 

 

 

      12/2045  

GAS DISTRIBUTION (5)

      Gasmig        State Law 11,021/1993        01/2053  

DISCONTINUED OPERATIONS

         

Light SESA

      Light        06/1996        06/2026  

Light Energia

      Light        06/1996        06/2026  

PCH Lajes

      Light        07/2014        05/2026  

 

(1)

Generation concession contracts that are not within the scope of IFRIC 12, whose infrastructure assets are recorded as PP&E since the concession grantor does not have control over whom the service is provided to as the output is being sold mainly in the Free Market (‘ACL’).
(2)

Generation concession contracts within the scope of IFRIC 12, under which Cemig has the right to receive cash and therefore, recognizes a concession financial assets.
(3)

This refers to concessions, given by the process of authorization, for generation, as an independent power producer, of wind power, sold under the Proinfa program. The assets tied to the right of commercial operation are recorded in PP&E. The rights of authorization of commercial operation that are classified as an Intangible.
(4)

These refer to transmission concession contracts, for which a contract asset was recognized upon the application of IFRS 15 effective from January 1, 2018. See Note 2.4.
(5)

Concession contracts that are within the scope of IFRIC 12 and under which the concession infrastructure assets are recorded under the intangible and financial assets bifurcation model, and in compliance with IFRS 15, the infrastructure under construction has been classified as a contract asset.
Schedule of Concession and Amount to Be Paid

The information on the concessions and the amounts to be paid are as follows:

 

Project

    Nominal value in
2018		      Present value in
2018		      Period of the concession      Updating indexer  

Irapé

      32,964        14,707        03/2006 – 02/2035        IGPM  

Queimado (Consortium)

      8,229        4,027        01/2004 – 12/2032        IGPM  

Salto Morais Small Hydro Plant

      —          —          06/2013 – 07/2020        IPCA  

Rio de Pedras Small Hydro Plant

      —          —          06/2013 – 09/2024        IPCA  

Various Small Hydro Plants (*)

      —          —          06/2013 – 08/2025        IPCA  

 

(*)

Various SHPs, with installed capacity less than 50 MW: Luiz Dias, Poço Fundo, São Bernardo and Xicão.
Schedule of Nominal Value and Present Value Portion to Be paid

The amounts paid to the grantor in 2018, the nominal value and the present value of the amounts to be paid in the next 12 months, are as follows:

 

Project

    Interest, %      Amounts paid in
2018		      Nominal value of
amounts to be paid in
the next 12 months		      Present value of
amounts to be paid in
the next 12 months		  

Irapé

      100.00        1,762        2,019        1,902  

Queimado (Consortium)

      82.50        501        588        554  

Salto Morais Small Hydro Plant

      100.00        12        —          —    

Rio de Pedras Small Hydro Plant

      100.00        35        —          —    

Various Small Hydro Plants

      100.00        171        —          —