SAO PAULO (Reuters) – A privatization bill for state-controlled Brazilian power company Eletrobras SA will be sent to Congress by early November, the country’s mines and energy minister said on Friday, sending the company’s shares up almost 3%.
“I plan to deliver this project to Congress in person,” minister Bento Albuquerque told reporters on the sidelines of a power auction.
Alburquerque had previously said the bill would be sent to Congress in October.
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