Nova Via–Magna Consortium Wins Court Auction to Take Over Rio’s Commuter Rail

Overview

• The winning bid was the sole offer and proposed a 0.06% discount on the R$17.60 reference remuneration per kilometre, with the auction result homologated on Tuesday.
• Contract signing still depends on approval of the consortium’s documents, with a court hearing set for February 25 before a handover can proceed.
• Once signed, the agreement triggers up to 90 days of assisted operation alongside SuperVia before full transfer of services.
• The concession is initially for five years, renewable for another five, under an estimated R$660 million arrangement that pays the operator per kilometre run.
• To shield the new operator from legacy liabilities, the transfer uses an isolated productive unit and a court-managed transition fund, as the state reports R$160 million invested to sustain service and curb cable thefts.