 The administration of President Jair Bolsonaro may create a new state-run company as part of its plan to privatize power firm Eletrobras, according to documents disclosed late on Tuesday. The Ministry of Mines and Energy has required an extra 4 billion reais 776.02 million in the 2021 budget in case a new state-run company is necessary, a document signed by secretary Marisete Pereira showed. The bill on Eletrobras privatization includes the creation of a state-run company that would hold assets such as the Itaipu hydroelectric plant and a nuclear complex in Angra dos Reis, as well as government programs for the electric sector. 