President Luiz Inácio Lula da Silva has appointed three new Brazilian members to the Board of Directors of Itaipu Binacional at a critical juncture in the negotiations of Annex C of the Treaty. The changes include ministers Darío Durigan, Miriam Belchior, and Bruno Moretti, and follow the replacement of the administrative director and the departure of Michele Caputo Neto.
Anexo C
Paraguay's National Electricity Administration (ANDE) is considering postponing the update of residential and commercial tariffs until negotiations with Brazil on the new Annex C of the Itaipu Treaty are concluded, expected by mid-year. The state-owned company's president, engineer Félix Sosa, stated that the final tariff will directly depend on this binational agreement, which will define the price of energy generated by the hydroelectric plant.