No menu items!

Itaipú hydroelectric power plant finishes paying off construction debt after 50 years

The company Itaipú Binacional, created by Brazil and Paraguay to build 50 years ago the hydroelectric power plant of the same name, which is currently the second largest in the world, paid yesterday, Tuesday, the last installment of the debt it acquired to execute the project.

The company informed in a press release that the last payment was made to the National Bank for Economic and Social Development (BNDES), the Brazilian state development entity.

The hydroelectric plant, located on the border between the two countries, came into . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content