Brazil saves more than US$500 million with reduced tariff in Itaipu

Expert highlights that the reduction established by Brazil will not be reversed because, otherwise, it will have to pay a high amount to cover the difference for the energy that corresponds to it.

RIO DE JANEIRO, BRAZIL - Engineer Fabián Cáceres, former technical manager of Paraguay's National Electricity Administration (ANDE), considered that the 2022 tariff of Itaipu Binacional (IB) is defined with the provisional reduction applied by Brazil. He added that the decrease established by Brazil would not change because, otherwise, it would have to pay US$500 million to cover the difference for the energy that corresponds to it.

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