Asunción, IP Agency.- Within the framework of compliance with the obligations established in Annex C of the Treaty, Itaipu Binacional transferred 419 million dollars to the Paraguayan State, from January to September 2024, in the form of royalties, compensation for the transfer of energy and payments to the National Administration of Electricity (ANDE).
According to the report from Itaipu’s Financial Directorate, USD 201 million were remitted to the Ministry of Economy and Finance (MEF) in royalties and USD 171 million as energy transfers.
In turn, ANDE received USD 47 million for profits and compensation for administration and supervision charges, according to the Binational report.
Regarding only the disbursements made in the ninth month of the current year, royalties totaled USD 21 million, while USD 19 million were injected for the transfer of energy.
In turn, ANDE received USD 1.6 million; Thus adding some USD 42 million to the Binacional’s disbursements in September.
A part of the royalties is used to finance the expenses of the General Budget of the Nation (PGN), while another important portion is transferred by the National Treasury to the departmental and municipal governments.
In the specific case of compensation for energy transfer, the resources are incorporated into the National School Feeding Fund (Fonae) and a percentage is also distributed to municipalities and governorates; as established by national legislation.
On the other hand, Itaipu’s payments to ANDE, in a timely manner, allow the public company to have guaranteed and predictable funds to fulfill its investment plans, in order to provide quality electricity service throughout the country. national territory.
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2024-10-05 09:21:38
