Feb 11 โ€ข 15:34 UTC ๐Ÿ‡ง๐Ÿ‡ท Brazil Folha (PT)

Energy auction ceiling prices will be corrected, says minister

The Brazilian Minister of Mines and Energy announced plans to correct the ceiling prices for the electricity capacity auction to ensure fair investor returns and tariff affordability before the auction scheduled for March.

Brazil's Minister of Mines and Energy, Alexandre Silveira, revealed that the ceiling prices for the electricity capacity auction are being revised. This move aims to balance tariff moderation with ensuring a fair return for investors in the sector. The announcement came during an event organized by BTG, emphasizing the urgency of these corrections to avoid delays to the upcoming auction set for March.

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