RIO DE JANEIRO, BRAZIL - A letter sent by ANEEL (Naional Electricity Regulatory Agency) to the Ministry of Economy indicates that the lack of funds for operating expenses in 2022, amid the water crisis, may adversely impact the electricity sector.
"The amount presented - R$147.4 (US$28) million - is lower than what was planned by ANEEL and is insufficient to minimally fulfill our programming," reads the text signed by ANEEL's director-general André Pepitone.
The letter was sent to the Ministry of Economy's Federal Budget Secretary Ariosto Antunes.
Brazil is currently undergoing a water crisis that will be . . .