Tag: L3X

• Monday, April 1st 2013 - 19:56 UTC

  Brazil’s power companies report huge losses in 2012 forced by cheaper electricity bills

  

  Latinamerica’s largest power company Eletrobras, managed by the Brazilian government reported losses equivalent to 3.4bn dollars last year which were mostly attributed to a bill promoted by the administration of President Dilma Rousseff ro reduce electricity bills both for industry, agriculture and home consumption.