Even with the postponement of the analysis of the privatization of Eletrobras by TCU, the government maintained the schedule for the auction for the company's capitalization in the first half of 2021.
The program will provide food aid to 1,100 small fish farmers and artisanal fishermen from the Furnas hydroelectric plant reservoir in Minas Gerais for 3 months.
The company must invest R$350 million per year in the revitalization of the São Francisco and Parnaíba basins and R$230 million in the area of the Furnas reservoirs.
Brazil’s Minister of Mines and Energy Bento Albuquerque said in Rio de Janeiro Monday (Nov. 25) the country’s electric sector will demand investments adding up to some $107 billion until 2029 in new energy transmission and generation plants.
Brazil’s Minister of Mines and Energy Bento Albuquerque said Friday (Oct 18) that the project to privatize the state-run Eletrobras is to be submitted to Congress by November at the latest.