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Brazil’s Power-Plant Auction Delayed by Politics

BRASÍLIA—Brazil’s violent politics are removing in a approach of a vital auction of power-plant concessions, augmenting a odds that a supervision won’t be means to accommodate this year’s already reduced mercantile targets.

President Dilma Rousseff’s administration is looking to auction contracts to work 29 existent energy plants as partial of an bid to cringe a nation’s large bill hole. An auction set for Friday was estimated to…

Article source: http://www.wsj.com/articles/brazils-power-plant-auction-delayed-by-politics-1446668622

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