Tag: Electobras

• Thursday, February 25th 2021 - 08:44 UTC

  Brazil reaffirms electricity provider Electobras privatization, except for nuclear plants and Itaipu dam

  

  Brazilian President Jair Bolsonaro went to Congress to deliver a provisional measure associated with his government’s plans to privatize state-run electricity provider Eletrobras.

• Saturday, July 8th 2017 - 23:32 UTC

  Brazil plans to overhaul power market to eliminate money losing subsidiaries

  

  Brazil has announced plans to overhaul the power market which could lead to higher rates and rid the state controlled Electrobras utility of money losing subsidiaries.

• Monday, June 13th 2016 - 07:44 UTC

  Brazil's fiscal accounts “worse than ever imagined” confesses Temer

  

  Brazil's fiscal accounts were in worse shape than initially thought after the suspension of Dilma Rousseff, underscoring the challenge facing the country's new economic team, acting President Michel Temer said.

• Monday, May 28th 2012 - 16:59 UTC

  Brazil has a plan to bolster subsidized credit to increase corporate investment

  

  Brazil has a plan to bolster subsidized credit aimed at increasing corporate investment with 45 billion Real (approx 22.5 billion dollars) from the country’s development bank, BNDES.

• Sunday, January 30th 2011 - 21:16 UTC

  Work Gets Underway on Amazonian Hydro Project

  

  Building will now begin on what will be the world's third-largest hydroelectric dam after Ibama, Brazil's environment agency, gave the go-ahead for the controversial $17 billion (£10.6 billion) project.