Paraguay's President-elect Santiago Pena said on Friday he expects talks with Brazil over the binational Itaipu hydroelectric dam to start on Aug. 13, after meeting with his counterpart Luiz Inacio Lula da Silva, indicating that both countries are managing to find a financial agreement about its energy production. Under current rules, which expire this year and will be subject to review, each country is entitled to 50% of Itaipu's energy. Pena said he expects to maintain the sale of energy from
Paraguay's President-elect Santiago Pena said on Friday he expects talks with Brazil over the binational Itaipu hydroelectric dam to start on Aug. 13, after meeting with his counterpart Luiz Inacio Lula da Silva, indicating that both countries are managing to find a financial agreement about its energy production. Under current rules, which expire this year and will be subject to review, each country is entitled to 50% of Itaipu's energy. Pena said he expects to maintain the sale of energy from the hydroelectric plant to Brazil "at a cost price" and that he expects both countries to ink a deal by the end of this year.
Rome, Jul 6 (Prensa Latina) The President of Italy, Sergio Mattarella, will travel from Chile to Paraguay to begin a state visit to that country, with the purpose of strengthening bilateral relations, according to a press release.
GE Renewable Energy (GE) said this week it signed a 14-year contract to perform upgrades to the 14 GW Itaipu hydropower plant straddling the border between Brazil and Paraguay;.