1. Heat oven to 350°F. Lightly spray shallow baking pan with vegetable oil spray.
2. Stir together 1/4 cup sugar and warm water, stirring until sugar dissolves. Add pecans; let soak 10 minutes. Drain water and discard.
3. Stir together remaining 2 tablespoons sugar, cocoa, chili powder and cayenne powder in medium bowl. Add pecans; toss until all the cocoa mixture coats the pecans. Spread coated pecans on prepared pan.
4. Bake 10 to 15 minutes or until pecans start to glisten and appear dry. Stir occasionally while baking. Cool completely. Store in cool, dry place. Serve as a snack with beverages or sprinkle in salads. 1-1/2 cups coated pecans.