Monday, November 04, 2024
name of Prensa Latina
Bandera inglesa
English Edition
Search
Close this search box.
name of Prensa Latina

NEWS

NEWS

Call to reduce Paraguayan tariff for binational hydroelectric PP

Asunción, Jan 22 (Prensa Latina) Paraguay should propose an eventual reduction of its tariff to the binational hydroelectric power plant of Itaipu, while waiting to solve the matter during a second meeting with Brazil, the other co-owner of the power plant, a local expert proposed today.

“We have to apply an exit and escape strategy until the next bilateral summit that will follow up on the one held in Brasilia. Increase on the Brazilian side is practically impossible”, the former manager of the local National Energy Administration (ANDE), Fabián Cáceres said.

¨We have to be practical and pragmatic,” the specialist stressed.

An eventual sale of our energy to the Brazilian market will not be possible in the short term, since it will depend on the revision of Annex C of the Treaty (on the sales of energy surpluses by each country to the other).

Cáceres recalled that “to increase (the contribution) from the Brazilian side is practically impossible”, given the position of President Luiz Inácio Lula da Silva to reduce its tariff “to make it more competitive for industrial development”.

According to the former ANDE manager, as long as the 2024 tariff remains undefined in the so-called Itaipu Binacional, both countries will continue to pay the same price as in 2023, which Asunción hopes to resolve during the summit here between Lula and the Paraguayan president, Santiago Peña.

ef/jav/mem/apb

LATEST NEWS
RELATED