BRAZIL

 
Published: Thursday 28 February 2002

In view of the drought-triggered energy crisis, the government has proposed sweeping reforms that would increase state regulation in the power industry. Earlier, the government had tried to sell off state power generators and liberalise rates to attract private investment. Investments of roughly us $9.62 billion are required to increase the power supply by 20,000 megawatts over the next two years.

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