FORM
6-K
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Report
of Foreign Issuer
Pursuant
to Rule 13a-16 or 15d-16
of
the Securities Exchange Act of 1934
For the
month of October, 2008
Commission
File Number: 1-33659
COSAN
LIMITED
(Translation
of registrant’s name into English)
Av.
Juscelino Kubitschek, 1726 – 6th
floor
São
Paulo, SP 04543-000 Brazil
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F:
|
Form
20-F
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X
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Form
40-F
|
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1):
|
Yes
|
No
|
X
|
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7):
|
Yes
|
No
|
X
|
Indicate
by check mark whether by furnishing the information contained in this Form, the
Registrant is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
|
Yes
|
No
|
X
|
If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): N/A
COSAN
LIMITED
TABLE OF
CONTENTS
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Item
|
|
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1.
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Notice
to the Market dated September 30, 2008 from the registrant’s subsidiary
Cosan S.A. Indústria e
Comércio
announcing that its subsidiary Cosan Centroeste S.A. Açúcar e Álcool was
the winner of the 7th New Energy Auction
held on September 30, 2008.
|
2
COSAN S.A. INDUSTRIA
E COMÉRCIO
CNPJ Nº
50.746.577/0001-15
NIRE Nº
35300177045
PUBLICLY HELD
COMPANY
Notice
to the Market
COSAN’s
Paraúna Unit wins energy auction
COSAN S.A. INDÚSTRIA
E COMÉRCIO announces that its subsidiary Cosan Centroeste S.A. Açúcar e Álcool
was the winner of the 7th New
Energy Auction held on September 30, 2008. A biomass cogeneration project will
be commercially operated at the Paraúna unit for a period of 15 years starting
in 2013, for a total of 4,599 GWh with present value of approximately R$670
million, adjusted by the IPCA inflation index. The cogeneration plant will
involve investment of approximately R$190 million. The project’s main
characteristics are shown in the table below:
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Unit
|
Energy Sold
(GWh)
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Price
(R$/MWh)
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Total Amount
Contracted (R$ MM)
|
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Paraúna
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4,599
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145.80
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670,50
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Note that
considering this plant’s minimum installed capacity and the energy already
contracted, the potential still exists for future sales of 23%. In addition, any
incremental energy generated by increased biomass usage, e.g., the increased use
of sugarcane leaves and straw, will be subsequently sold.
COSAN believes that
the results achieved in this energy auction will contribute to the greater
insertion of biomass in Brazil’s energy matrix.
São Paulo, September
30, 2008
Paulo
Diniz
CFO and Investor
Relations Officer
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
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COSAN
LIMITED
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||||||
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Date:
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October 1,
2008
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By:
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/S/
Paulo Sérgio de Oliveira Diniz
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Name:
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Paulo
Sérgio de Oliveira Diniz
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|||||
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Title:
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Chief
Financial Officer and Investors Relations Officer
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