Exclusive – Brazil, Paraguay to resume talks on Itaipu energy sale conditions
2022.08.12 22:46
FILE PHOTO: The new Brazilian director of the Itaipu hydroelectric dam Admiral Anatalicio Risden Junior speaks during his inauguration ceremony at the Itamaraty Palace in Brasilia, Brazil, February 22, 2022. REUTERS/Adriano Machado
SAO PAULO (Reuters) – The Brazilian government will resume negotiations with Paraguay regarding conditions for the sale of energy from the Itaipu binational hydroelectric plant, Anatalicio Junior Risden, Itaipu’s Brazilian director general, told Reuters.
Discussions on potential changes in the current sales framework come after the Brazilian government privatized electricity company Eletrobras, which no longer participates in decisions regarding Itaipu, Risden said. Itaipu currently sells 100% of its energy on the regulated market, and potential sales in the unregulated space would allow it to act as “a private company,” he said.
