Viewpoints from the Board Room: Eletrobras of Brazil

摘要

Jose da Costa Carvalho /Veto has been tapped by Brazil's President Dilma Vana Rousseff to run Eletrobras, one of the top 10 biggest publicly traded electric companies in the world. His task is to make Eletrobras the largest clean energy company system in the world by 2020. Brazilian energy conglomerate Eletrobras was created in 1962 to foster studies, construction projects, and operation of generating plants, transmission lines and substations designed to provide electric power to the country. Institutional reforms and privatizations in the 1990s caused the company profile to change, and Eletrobras started to operate the distribution of electric power in several states in Brazil. The company now controls the Electric Power Research Center (Eletrobras Cepel), as well as 13 Eletrobras companies with a total installed generating capacity of 41,600 MW.