Tag: Itaipu

• Saturday, December 4th 2021 - 09:01 UTC

  Presidents of Paraguay, Brazil to meet this month

  

  Paraguay's President Mario Abdo Benítez Friday confirmed he would meet with his Brazilian colleague Jair Bolsonaro on December 13 on the construction site of the bridge between Carmelo Peralta and Porto Murtinho. Both leaders are expected to further discuss Itaipu's energy rate for 2022.

• Monday, November 8th 2021 - 09:20 UTC

  Paraguayan FM in Brazil to discuss Itaipú and other Mercosur matters

  

  Paraguay and Brazil have exchanged reverse notes on the creation of the Itaipu Binational Accounts Commission last week during an official visit from Foreign Minister Euclides Acevedo to Brasilia, it was announced.

• Tuesday, April 27th 2021 - 09:13 UTC

  Paraguayan President signs into law bill allowing for the use of Itaipú, Yacyretá funds to coronavirus undertakings

  

  Paraguayan President Mario Abdo Benítez Monday signed into law a bill to redirect “social funds” from the Itaipú and Yacyretá binational energy-producing entities towards the effort against the pandemic, it was announced.

• Wednesday, August 5th 2020 - 07:48 UTC

  Itaipú dam generates more power to help Paraguayan barges with soybeans reach the River Plate

  

  Just over two months after completing a special outflow to increase the level of the drought-stricken Paraná River, the world largest operational hydroelectric dam, Itaipu, located on the border of Brazil with Paraguay, will increase energy production to help sailing along the huge South American water artery.

• Monday, August 5th 2019 - 09:15 UTC

  Paraguayan VP claims only half truths became known about obscure Itaipu deal

  

  Paraguay's Vicepresident Hugo Velázquez said that so far only half truths regarding the somber deal with Brazil about the sale of electricity are known to the public. The affair has left the government of President Mario Abdo on the brink of collapse despite having dodged impeachment before the Senate this past week.

• Monday, October 28th 2013 - 20:30 UTC

  Cartes and Rousseff to open vital supply power line for Paraguay's capital built with Mercosur funds

  

  Brazilian president Dilma Rousseff will inaugurate on Tuesday in Paraguay next to his peer Horacio Cartes a high voltage transmission line from the world's largest operational hydroelectric dam Itaipú to metropolitan Asuncion, capital of the landlocked country and which was financed with Mercosur funds.

• 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.

• Friday, August 10th 2012 - 07:49 UTC

  Brazil reminds Paraguay that Itaipu power is jointly shared and managed

  

  Brazil reminded Paraguay it can use the power it needs from the giant Itaipu hydro but there is a contract which regulates how to manage the surplus. A day earlier president Federico Franco said that Paraguay would not “yield” any more electricity to Brazil.

• Saturday, September 3rd 2011 - 07:43 UTC

  Power failure leaves 13 Brazilian states in the dark; third major outage in 3 years

  

  A failure affecting four transmission lines left four Brazilian regions (thirteen states) partially without electricity on Friday, highlighting the growing strain on the nation's power infrastructure.

• Thursday, September 1st 2011 - 01:13 UTC

  S&P upgrades Paraguay’s rating on greater revenue from the Itaipú dam

  

  Standard & Poor's ratings services upgraded Mercosur member Paraguay's credit status a notch after the country reached an agreement with neighboring Brazil to take more revenue from the shared Itaipú hydroelectric complex, the world’s largest operational dam.