The Paraguayan president emphasized the objective of creating a shared vision between the two countries regarding the future of the hydroelectric plant.
Ascribed to Brazil, the project is being financed by the Brazilian side of company Itaipu Binacional and should connect Foz do Iguaçu to the Paraguayan city of Puerto Presidente Franco.
Joaquim Silva e Luna, director of Itaipu Binacional on Brazil’s side, said Tuesday (Oct 29) he is “confident” that Brazil and Paraguay will reach an agreement on the purchase of energy from the hydroelectric power plant by Paraguay’s state-run National Electricity Administrati
Brazil and Paraguay in Brasília on Monday (Sep 9) announced the beginning of negotiations towards a bilateral car agreement.
Brazil and Paraguay will submit the accounts of hydroelectric dam Itaipu Binacional to external auditing in order to bring more transparency to the company.