Brazil's Aneel sees fresh loan enough to help power distributors
July 22, 2014 at 08:36 AM EDT
BRASILIA, July 22 (Reuters) - A plan by BNDES, Brazil's state development bank, and a pool of commercial banks to lend an additional 6.5 billion reais ($2.9 billion) in emergency credit should help electricity distributors cope with higher power costs amid a drought, the president of industry watchdog Aneel said on Tuesday.