Brazil Eletrobras receives at least one bid for Celg-D distributor

Reuters

Mon, Nov 28, 2016, 8:14 AM

SAO PAULO, Nov 28 (Reuters) - Brazil's Mines and Energy Minister Fernando Coelho Filho said on Monday that the state-controlled electric energy company Eletrobras received at least one bid for its Celg-D distribution company that it is selling.

The minister also said that President Michel Temer would sign the bill into law on Tuesday that will free the state-run oil company Petrobras from its obligation to be operator in all subsalt oil and gas exploration areas, which has stretched its resources.

(Reporting by Luciano Costa; Writing by Reese Ewing; Editing by Chizu Nomiyama)

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Brazil Eletrobras receives at least one bid for Celg-D distributor

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