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Itaipu tariff for 2024 to be defined by authorities - .::Agencia IP::.

Itaipu tariff for 2024 to be defined by authorities - .::Agencia IP::.

Chancellor Rubén Ramírez announced that the energy tariff for Itaipu in 2024 will be defined by Presidents Santiago Peña and Lula Da Silva in a meeting expected to take place before the end of this year.

Asunción, Agencia IP.- Chancellor Rubén Ramírez announced that the energy tariff for Itaipu in 2024 will be defined by Presidents Santiago Peña and Lula Da Silva in a meeting expected to take place before the end of this year.

«This is a decision that the Presidents will finally discuss and adopt,» he said at the end of a meeting of the Itaipu Council on Friday, of which he is a member along with the Minister of Economy, the legal advisor to the Presidency, the Minister of Industry and Commerce, the Head of Cabinet, and the President of ANDE.

The last resort of the high-level authorities will be invoked in the absence of an agreement between the boards of the binational entity. The Chancellor indicated Brazil’s position is to maintain the energy tariff at $16.71 kW/month. At the same time, Paraguay wishes to increase this tariff.

The Itaipu energy rate remained at $22.60 kW/month between 2009 and 2021, a result of an agreement to pay off the debt for the construction of the hydroelectric plant. In 2022, Brazil requested a reduction to $18.95 kW/month, and Paraguay requested the amount to be maintained.

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