Itaipú Binacional

Itaipú is a binational hydropower dam shared by Paraguay and Brazil on the Paraná River. For Paraguay it is a key source of electricity, state revenue, and energy-policy negotiations with Brazil.

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Politics - Jul 1, 2026Itaipu Binacional opens bidding for fleet insurance worth US$5.3 million amid criticism (Note: "G." stands for "Guarani," the Paraguayan currency, but converted here to US dollars for international readability. The original value of G. 5.300 million equals approximately US$5.3 million as of recent exchange rates.)

Itaipu Binacional has opened a bidding process for a fleet insurance contract worth Gs. 5.3 billion, maintaining solvency requirements despite criticism over restricted competition and high costs.