Country:Paraguay
Year:1973 (Dec)
Policy status:In Force
Jurisdiction:International
Date Effective:1973 (Dec)
Policy Type:Policy Support, Economic Instruments, Economic Instruments>Direct investment, Policy Support>Institutional creation
Policy Target:Hydropower
Policy Sector:Electricity
Size of Plant Targeted:Large
Agency:ANDE(Administracion Nacional de Electricidad del Paraguay) and A. and E. (Agua y Energia Electrica de la Argentina)
URL:http://www.ssme.gov.py/vmme/pdf/leyes/Ley%203009%20PTIEE.pdf
Legal References:Ley N° 433/1973 Tratado de Yacyreta
Description:

The Law created the Yacyreta binational (Paraguay - Argentina) entity in order to take advantage of the hydroelectric potential. The initial investment is of USD 100 million. The project intended to develop 30 units each of 135 MW. The entity was jointly administered by the Governments of Paraguay and Argentina, with each country appointing 6 officials. Electricity generation in Paraguay is dominated by the large binational hydropower projects of Itaipu (Brazil-Paraguay) and Yacyreta (Argentina-Paraguay) which provide over 99% of the country’s electricity and generate a large electricity surplus for export.

Last modified: Mon, 12 Sep 2016 17:44:13 CEST