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Itaipu hydroelectric power plant is constructed on the Parana River inside areas adjoining the borders of Brazil and Paraguay. The construction began in 1975 and take care of in 1991. There are 20 power generation units with total capacity of 14000 MW or 14GW. In 1995, the plant was in charge of 25% of total power supply in Brazil, and almost 80% in Paraguay.
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We may or might not exactly realize it but power generation, transmission and distribution is often a commercial activity like every other manufacturing or service industry. Of course as a result of very nature in the product, it comes under essential services which are regulated closely by the government in lots of countries. Still the primary motive of companies dealing with power generation and distribution is to earn profit by selling that electricity. In this article we're going to discover the concept of tariff and the a variety of costs associated with power generation.
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