The auction of licenses to build 555 kilometers of new electricity transmission lines and nine substations in Brazil attracted 24 different bidders, the country's electric regulator said Wednesday.

The auction, to take place Thursday morning in Sao Paulo, drew interest from 14 companies and 10 groups, the regulator, known as Aneel, said on its website.

Centrais Eletricas Brasileiras (ERB, ELET6.BR), or Eletrobras, as the country's biggest utility is known, will participate through several of its units. State-controlled utility Cia. Paranaense de Energia (ELP, CPLE5.BR), ISA Group unit Cia. de Transmissao de Energia Eletrica Paulista (CTPZY, TRPL4.BR), and Elecnor SA's (ENO.MC) Brazilian unit are among companies that plan on bidding at the auction, Aneel said.

-By Paulo Winterstein, Dow Jones Newswires; 55-11-3544-7073; paulo.winterstein@dowjones.com

 
 
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