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Finally, work on the Angra 3 nuclear power plant begins in October 2021

Written by Flavia Marinho
Published 14/08/2020 às 10:30
Finally, work on the Angra 3 nuclear power plant begins in October 2021
construction workers at nuclear power plant construction site

Eletrobrás maintains plans to start works in October of next year, so that the plant will start operating in 2026

The structuring of financing for the works of the Angra 3 nuclear power plant, in Angra dos Reis - RJ, should advance in early 2021, said last Thursday (13/08) the president of Eletrobras, Wilson Ferreira Júnior, during a press conference to detail the company's results in the second quarter.

Eletrobrás maintains plans to start the concreting and assembly works in October of next year, so that the plant will start operating in 2026.

According to the executive, the work on Angra 3 will follow two fronts. In a first moment, Eletrobras will implement a “critical path acceleration plan”, to leave Angra 3 in conditions to receive the “epecist” — a company that will finalize the construction of the work by EPC contract (Engineering, Procurement and Construction) .

The prospect is to publish the EPC public notice in August 2021, with the start of works on the EPCist in March 2022. "The bidding of an EPCist is the best way out, with greater return to shareholders", said Ferreira Júnior

For this phase of land preparation for the works, Eletronuclear received an advance of 2,5 billion reais to resume work on the Angra 3 nuclear power plant in 2021.

According to this plan, the Angra 3 works should receive a considerable share of investments. By 2024, the plant will gain resources totaling R$ 14 billion.

Check the progress of the works on the nuclear power plant

In the interview, Wilson Ferreira Júnior also stated that Eletronuclear will be controlled by a new state-owned company to be created by the government, if the capitalization of Eletrobras occurs. Today, the nuclear company is 100% controlled by Eletrobras. According to him, the expectation is that the private sector will be able to invest in the rest of the capital of the nuclear energy company

Last month, the Ministry of Mines and Energy (MME) asked the Ministry of Economy for an additional BRL 4 billion in the 2021 Budget for the creation of this new state-owned company, which would be responsible for managing the Brazilian participation in Itaipu Binacional, Eletronuclear and in government programs for the electricity sector if Eletrobras is privatized

Asked about the financeability of Angra 3, he said that the project is 70% completed and that it is a “simple work to be financed”.

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Flavia Marinho

Flavia Marinho is a postgraduate engineer with extensive experience in the onshore and offshore shipbuilding industry. In recent years, she has dedicated herself to writing articles for news websites in the areas of industry, oil and gas, energy, shipbuilding, geopolitics, jobs and courses. Contact flaviacamil@gmail.com for suggestions, job openings or advertising on our website. Do not send your resume, we are not hiring!

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